CoStar: U.S. Hotel Performance Continues Declining Week Over Week
WASHINGTON—U.S. hotel performance declined from the previous week but showed mostly positive comparisons year over year, according to CoStar’s latest data through August 12,...
Mumford Company Completes Sale of Tru by Hilton Rockwall Dallas
NEWPORT NEWS, Virginia—Mumford Company announced it completed the sale of the Tru by Hilton Rockwall Dallas, located in Rockwall, Texas.
"It was our pleasure to...
Baird/STR Hotel Stock Index Increased 8.2 Percent in July
HENDERSONVILLE, Tennessee, and MILWAUKEE—The Baird/STR Hotel Stock Index grew 8.2 percent in July to a level of 6,074.
“Hotels stocks outperformed again in July with...
CBRE: Commercial Real Estate Lending Activity Slowed During Q2 2023
DALLAS—Commercial real estate lending slowed in the second quarter of 2023 as market uncertainty weighed on available debt capital, according to the latest research...
CoStar: U.S. Hotels Show Overall Lower Performance
WASHINGTON—U.S. hotel performance declined from the previous week and showed lower comparisons year over year, according to CoStar’s latest data through August 5, 2023....
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Driftwood Capital Secures Refinancing for Sheraton Park City Hotel
PARK CITY, Utah—Driftwood Capital announced it secured $33 million in refinancing for the Sheraton Park City hotel in Park City, Utah, a 200-key hotel...
Hilton Reports Q1 2024 Results
MCLEAN, Virginia—Hilton Worldwide Holdings Inc. reported its first quarter 2024 results. Highlights from the first quarter include:
Diluted EPS was $1.04 for the first quarter,...
stayAPT Suites Partners With Powerhouse Hotels for Brand Expansion
MATTHEWS, North Carolina—stayAPT Suites announced a significant expansion initiative in partnership with Powerhouse Hotels, a joint venture between JCap Realty Group and Cullinan Holdings....
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