Marriott Fort Lauderdale Airport Officially Opens
FORT LAUDERDALE, Florida — Marriott Fort Lauderdale Airport has officially opened its doors. Located in the new Dania Pointe development—with restaurants, shops, entertainment, and...
JLL: REIT M&A Volume Reaches Record Highs
CHICAGO—Outperforming expectations and driven both by strategic and private capital, 2021 has already been a record year for REIT M&A, which hit $108 billion...
STR: U.S. Weekly Hotel Performance Dipped
HENDERSONVILLE, Tennessee—U.S. hotel performance dipped from the previous week, according to STR‘s latest data through October 2, 2021.
U.S. Hotel Performance
September 26 through October 2,...
Sheraton Old San Juan Acquired by Driftwood Capital
MIAMI—Driftwood Capital, a vertically integrated commercial real estate investment, development, and lending platform for the hospitality industries, has acquired the Sheraton Old San Juan,...
Ambiente in Sedona, Arizona, to Open in December
SEDONA — Ambiente, a Landscape Hotel in Sedona, Arizona, is opening this December and local family developer Two Sister Bosses is offering a first...
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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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