CoStar: U.S. Hotel Performance Reflects Mixed Results
WASHINGTON—U.S. hotel performance showed mixed results over the previous week, according to CoStar's latest data through Feb. 24, 2024.
U.S. Hotel Performance
February 18-24, 2024
Percentage change...
Hyatt Reports Fourth Quarter and Full-Year 2023 Financial Results
CHICAGO—Hyatt Hotels Corporation reported fourth quarter and full year 2023 financial results. Highlights include:
Net income was $26 million in the fourth quarter and $220...
MCR Agrees to Purchase BT Tower to Transform Into Hotel
NEW YORK—MCR agreed to purchase the BT Tower—one of London’s tallest buildings—from BT Group. MCR will own the 620-foot Tower and podium. MCR intends...
Accor Releases Full-Year and Q4 2023 Results
Accor released full-year and Q4 2023 results. Driven by demand, Accor was able to set records in terms of operating and financial performance. All...
CoStar: U.S. Hotel Performance Increases From Previous Week
WASHINGTON—U.S. hotel performance increased from the previous week, while year-over-year comparisons remained mixed, according to CoStar’s latest data through Feb. 17, 2024.
U.S. Hotel Performance
February...
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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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