CoStar: U.S. Hotel Performance Falls, Anticipated From Holidays
WASHINGTON—As anticipated ahead of the holidays, U.S. hotel performance fell from the previous week, according to CoStar's latest data through Dec. 23, 2023.
U.S. Hotel...
Hilton Shares Luxury Portfolio Openings Planned for 2024
MCLEAN, Virginia—In 2024, Hilton’s luxury portfolio will announce offerings including new brand signatures, a tableside cocktail ritual at Waldorf Astoria Hotels & Resorts, art...
Hard Rock Hotel & Casino Athens Breaks Ground
ATHENS, Greece—Hard Rock International, GEK TERNA Group, and the Athens community broke ground on the luxury resort and Casino in the Athens Rivera. The...
4 Profitability Trends: Bottom Lines Have Improved but Expenses Continue to Grow
Through the third quarter of 2023, the U.S. hotel industry showed some continuation of profitability trends as well as new developments in the data...
AC Hotel Naples 5th Avenue Opens
AC Hotels by Marriott has opened its newest property in Naples, which is a three-story property that includes 150 guestrooms; a lobby and ground-floor...
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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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