revenue management

Wyndham Reports Full-Year and Q4 2023 Results

PARSIPPANY, New Jersey—Wyndham Hotels & Resorts announced results for the three months and year ended Dec. 31, 2023. Highlights include: System-wide rooms grew organically by...

MGM Resorts International Reports Q4 and Full-Year 2023 Financial Results

LAS VEGAS, Nevada—MGM Resorts International reported financial results for the quarter and year ended Dec. 31, 2023. "Our Las Vegas Strip Resorts and MGM China...

Marcus Hotels & Resorts Agrees to Jointly Acquire Loews Minneapolis Hotel

MILWAUKEE—Marcus Hotels & Resorts announced that it has reached an agreement to jointly acquire the Loews Minneapolis Hotel with Hempel Real Estate and Robinson...

Marriott International Reports Full-Year and Q4 2023 Results

Marriott International reported full-year 2023 and Q4 2023 financial results. Highlights include: Fourth quarter 2023 comparable systemwide constant dollar RevPAR increased 7.2 percent worldwide, 3.3...
U.S. hotel performance

CoStar: U.S. Hotel Performance Shows Slight Decrease From Previous Week

WASHINGTON—U.S. hotel performance decreased slightly from the previous week, while year-over-year comparisons remained mixed, according to CoStar’s latest data through Feb. 3, 2024. U.S. Hotel...
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Wyndham Hotels & Resorts Reports Q1 2024 Results

PARSIPPANY, New Jersey—Wyndham Hotels & Resorts announced results for the three months ended March 31, 2024. Highlights include: Global RevPAR grew 1 percent in constant...
Comings & goings

This Week’s Comings & Goings

Concord Hospitality announced the appointment of Will Loughran as its new chief operating officer. He will report to Mark Laport, president and CEO. He...

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...
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