Sonesta Adds Royal Sonesta Minneapolis Downtown to its Portfolio
Sonesta International Hotels Corporation (Sonesta), a fast-growing hotel company in the United States, opened the brand's latest property in Minnesota: the Royal Sonesta Minneapolis...
Baird/STR Hotel Stock Index Increased in October 2021
HENDERSONVILLE, Tennessee, and MILWAUKEE—The Baird/STR Hotel Stock Index jumped 6.8 percent in October to a level of 5,520. Year to date through the first...
Dream Hotel Group Plans Openings for Two Oklahoma City Hotels
NEW YORK—Hotel brand and management company Dream Hotel Group plans to open two Dream Hotel and Unscripted Hotel locations in Oklahoma City, Oklahoma in...
WhyHotel Acquires The Cadence, its First Hospitality Living Property in Nashville
NASHVILLE and WASHINGTON, D.C.—WhyHotel, a hospitality platform and operator, has acquired The Cadence, a Nashville property. With the acquisition, WhyHotel will launch its first...
STR: U.S. Hotel Performance Increased Slightly
HENDERSONVILLE, Tennessee—U.S. hotel performance increased slightly from the previous week, according to STR‘s latest data through November 6, 2021.
U.S. Hotel Performance
October 31-November 6, 2021
Percentage...
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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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