CoStar: U.S. Hotel Performance Decreases, Comparisons Remain Mixed
WASHINGTON—U.S. hotel performance decreased from the previous week, while year-over-year comparisons remained mixed, according to CoStar’s latest data through Jan. 20, 2024.
U.S. Hotel...
Lodging Econometrics: Dallas Again Leads U.S. Construction Pipeline
In the ever-changing landscape of the U.S. hospitality industry, the Q4 2023 U.S. Construction Pipeline Trend Report by Lodging Econometrics (LE) shed light on...
Lodging Econometrics: U.S. Hotel Construction Pipeline Reaches Record High Project Counts
According to the 2023 year-end U.S. Construction Pipeline Trend Report from Lodging Econometrics (LE), the pipeline stood at 5,964 projects/693,963 rooms. The pipeline hit...
BWH Expands Upscale Brands in North America With Seven New Properties
PHOENIX, Arizona—BWH Hotels announced the expansion of its upscale brands in North American markets with the addition of seven new properties being welcomed to...
CoStar: Planning Phase Activity Remains Up For U.S. Hotel Pipeline
WASHINGTON—Activity in the planning phases of the U.S. hotel pipeline remains up, while rooms in construction decreased after two months of gains, according to...
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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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