Baird/STR Hotel Stock Index Increased 38.4 Percent in 2023
HENDERSONVILLE, Tennessee, and MILWAUKEE—The Baird/STR Hotel Stock Index jumped 10.5 percent in December to a level of 6,760. For 2023, the stock index was...
STR: U.S. Hotel Performance Decreases While Comparisons Improve
WASHINGTON—U.S. hotel performance decreased from the previous week, while year-over-year comparisons improved, according to CoStar’s latest data through Jan. 6, 2024.
U.S. Hotel Performance
December 31,...
Noble Fund V Holds Closing Round With $1.0 Billion of Equity Commitments
ATLANTA, Georgia—Noble Investment Group announced that it held the final closing for Noble Hospitality Fund V, L.P. (Noble Fund V). This is the fifth...
JLL Arranges Sale of Home2 Suites by Hilton Avalon
ATLANTA, Georgia—JLL’s Hotels & Hospitality Group announced that it arranged the sale of the Home2 Suites by Hilton Avalon, located in Alpharetta, Georgia. JLL...
Auro Hotels Acquires Courtyard by Marriott Orlando Airport
ORLANDO, Florida—Auro Hotels announced the newest addition to its portfolio: the Courtyard by Marriott Orlando Airport. This property acquisition adds to its base in...
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Controlling Utility Costs: Volatile Market Conditions Call for a Focus on Contracts and Energy...
Over the past four years, utility costs at U.S. hotels have increased at a pace greater than total operating revenue. As a result, utility...
The Bentley Hotel Southampton to Join JdV by Hyatt Brand
CHICAGO, Illinois—Hyatt Hotels Corporation announced The Bentley Hotel Southampton has officially joined the Hyatt portfolio as an affiliated hotel, in collaboration with Bijal Hospitality,...
Gale Miami Hotel and Residences Partners With Stayntouch
BETHESDA, Maryland—Stayntouch announced a new partnership with Gale Miami Hotel and Residences, a 51-story, 688-room hybrid apartment/hotel in downtown Miami, Florida, set to open...
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