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...
STR: U.S. Hotel GOPPAR Reaches Highest Level Since October 2022
HENDERSONVILLE, Tennessee—U.S. hotel gross operating profit per available room (GOPPAR) exceeded the pre-pandemic comparable and was the highest since October 2022, according to STR's...
Soul Community Planet Acquires Albion River Inn
LAGUNA BEACH, California—Soul Community Planet (SCP) announced the acquisition of the Albion River Inn, a boutique hotel located in Mendocino County on the Northern...
STR: U.S. Hotel Performance Fluctuates With Spring Break Season
HENDERSONVILLE, Tennessee—Reflecting the normal ebb and flow of spring break season, U.S. hotel performance decreased from the previous week, according to STR's latest data...
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An Inside Look at Mattresses: Delving Into the Technology Prior to Procurement
A high-quality mattress promotes the restful sleep that is one of the fundamental offerings of the hotel industry. But even top-tier mattresses eventually need...
Accor Releases Q1 2024 Results
The first quarter of 2024 demonstrated the hotel demand in all Accor Group regions and segments. Operating performance indicators (RevPAR and portfolio growth) are...
Hilton Garden Inn Atlanta East/Stonecrest Completes Renovation
STONECREST, Georgia—Artemis Hotel Group announced the completion of a full-scale renovation for the Hilton Garden Inn Atlanta East/Stonecrest, located in Lithonia, Georgia.
The 110-room property...
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