HREC Capital Markets Group Arranges Loans for Two Kentucky Hotels
DENVER and SAN DIEGO—HREC Capital Markets Group, the capital markets team within HREC Investment Advisors, announced it has arranged a $10.25 million financing of...
Ross Group Begins Construction on Life House Berkshires in Lenox, Mass.
Ross Group, Life House Berkshires, and their investor-partners announce the groundbreaking of their latest project in Lenox, Massachusetts. The partners will convert an existing...
STR: U.S. Hotel Industry Lowered Performance from August to September 2021
HENDERSONVILLE, Tennessee—According to data from STR, the U.S. hotel industry overall during September 2021 reported lower performance from August 2021.
September 2021 Performance
Percentage change from...
STR: U.S. Hotel Occupancy Rises While Room Rates Dip
HENDERSONVILLE, Tennessee—U.S. hotel occupancy reached its highest level since mid-August, while room rates dipped from the previous week, according to STR's latest data through...
Legendary Capital Sponsors the Acquisition of an avid Hotel
FARGO, North Dakota — Legendary Capital has announced it sponsored the acquisition of the 92-room avid in Southaven, Mississippi, in a $12 million all-cash...
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Choice Hotels Publishes 2023 ESG Report
NORTH BETHESDA, Maryland—Choice Hotels International, Inc. published its 2023 Environmental, Social, and Governance Report. The report details Choice's latest initiatives to drive sustainability across...
World of Hyatt Platform Adds More Than 700 Properties From Mr & Mrs Smith
CHICAGO—Hyatt Hotels Corporation announced that World of Hyatt is offering members access to earn and redeem at a collection of more than 700 boutique...
Lodging Econometrics: U.S. Hotel Construction Pipeline Shows Robust Growth
As seen in the Q1 2024 U.S. Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), at the end of the first quarter, there...
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