Baird/STR Hotel Stock Index Dropped 3.4 Percent in March
HENDERSONVILLE, Tennessee, and MILWAUKEE—The Baird/STR Hotel Stock Index dropped 3.4 percent in March to a level of 5,355.
“Hotel stocks declined in March as investors...
LCP and Safanad Provide Loan for Dream Hollywood
NEW YORK, New York—The LCP Group, L.P., in a joint venture with Safanad, announced they provided a $33.3 million senior mortgage loan to an...
STR: U.S. Hotel Performance Reflects Low Year-Over-Year Comparisons
HENDERSONVILLE, Tennessee—Affected by both the Easter and Passover calendar shift, U.S. hotel performance reflected lower year-over-year comparisons from the previous week, according to STR's...
Procaccianti Companies Acquires Newport Beach Hotel & Suites
PROVIDENCE, Rhode Island—Procaccianti Companies announced the acquisition of the Newport Beach Hotel & Suites.
The Newport Beach Hotels & Suites consists of two buildings, the...
STR: U.S. Hotel Performance Shows Mixed Comparisons Amid Spring Break Travel
HENDERSONVILLE, Tennessee—Aligned with normal Spring Break patterns, U.S. hotel performance showed mixed comparisons from the previous week, according to STR's latest data through April...
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Choice Hotels Publishes 2023 ESG Report
NORTH BETHESDA, Maryland—Choice Hotels International, Inc. published its 2023 Environmental, Social, and Governance Report. The report details Choice's latest initiatives to drive sustainability across...
World of Hyatt Platform Adds More Than 700 Properties From Mr & Mrs Smith
CHICAGO—Hyatt Hotels Corporation announced that World of Hyatt is offering members access to earn and redeem at a collection of more than 700 boutique...
Lodging Econometrics: U.S. Hotel Construction Pipeline Shows Robust Growth
As seen in the Q1 2024 U.S. Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), at the end of the first quarter, there...
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