Wyndham Opens First Trademark Collection Hotel in Malta
PARSIPPANY, New Jersey—The Quadro Hotel, Trademark Collection by Wyndham, has opened. Located in St. Julian's, the hotel is near St. George's Bay and shops...
Choice’s Suburban Studios Opens Its 100th Hotel
NORTH BETHESDA, Maryland—Choice Hotels International, Inc. reached a brand milestone with the opening of its 100th Suburban Studios hotel, demonstrating its go-to-market growth strategy...
IHG Opens First Garner Hotel in Auburn, Washington
ATLANTA—IHG Hotels & Resorts celebrated opening its first Garner hotel less than three months after the midscale conversion brand’s launch. Located in the Seattle...
Supporting Revenue Health: Hotel Spas Were Valuable Contributors During the Recession
As of year-end 2022, the average hotel in CBRE’s Trends in the Hotel Industry survey sample had surpassed its 2018 total revenue figure by...
Sunseeker Resort Charlotte Harbor Opens
PORT CHARLOTTE, Florida—The Sunseeker Resort Charlotte Harbor opened and welcomed its first guests. The independently flagged property has 785 guestrooms including 189 Sunsuites and...
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This Week’s Comings & Goings
Concord Hospitality announced the appointment of Will Loughran as its new chief operating officer. He will report to Mark Laport, president and CEO. He...
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,...
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