The Ritz-Carlton New York, NoMad Opens
BETHESDA, Maryland—The Ritz-Carlton announced the opening of The Ritz-Carlton New York, NoMad, debuting in Manhattan. In the North of Madison Square Park neighborhood, the...
JLL Capital Markets Arranges Financing for Dual-Brand Development in Tempe, Arizona
PHOENIX—JLL Capital Markets announced that it has arranged $24.5 million in construction financing for the development of the dual-branded Fairfield Inn and TownePlace Suites,...
STR: U.S. Hotel Performance, RevPAR, and Occupancy Improve
HENDERSONVILLE, Tennessee—U.S. hotel performance improved from the previous week, and revenue per available room (RevPAR) reached an all-time high on a nominal basis, according...
Choice Hotels Announces Sale of Cambria Hotel Nashville Downtown
ROCKVILLE, Maryland—Choice Hotels International, Inc. announced the sale of the Cambria Hotel Nashville Downtown for $109.5 million. In addition, the company entered a long-term...
Mint House Opens Two Philadelphia Locations
NEW YORK—Mint House announced the opening of two new locations in Philadelphia—Mint House at The Ledger, a landmarked building overlooking Independence Hall, and Mint...
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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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