March 2022

STR: U.S. Hotel Performance Increases From Previous Week

HENDERSONVILLE, Tennessee—Overall U.S. hotel performance increased from the previous week, according to STR's latest data through March 12, 2022. U.S. Hotel Performance March 6-12, 2022 Percentage change...
Baymont by Wyndham

Baymont by Wyndham Hotel Sells in Sarasota, Florida

SARASOTA, Florida—Alex Diaz, trustee of The Tamiami Trail Trust, has purchased the Baymont by Wyndham hotel in Sarasota for $8 million. The 99-room hotel...
Fontainebleau Las Vegas

Fontainebleau Las Vegas Plans Meeting and Convention Spaces

LAS VEGAS—Moving toward its opening in the fourth quarter of 2023, Fontainebleau Las Vegas is positioned to meet the demand for in-person meetings and...
Motto by Hilton

Living the Lifestyle: Motto by Hilton in the Chelsea Arts District

Just over three years after its initial launch in October 2018, the growing Motto by Hilton brand debuted its first new-build property—and Hilton’s first...

Baird/STR Hotel Stock Index Increased 4.1. Percent in February 2022

HENDERSONVILLE, Tennessee, and MILWAUKEE—The Baird/STR Hotel Stock Index rose 4.1 percent in February to a level of 5,753. Year to date through the first...
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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...
Q1 2024 results

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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