Atwell Suites Denver Airport – Tower Road Is Under Construction
ATLANTA – IHG Hotels & Resorts announced that the second Atwell Suites hotel is now under construction in Denver, owned by Kendall Combs and...
Hyatt Regency Fairfax Acquired by Driftwood Capital
Washington, D.C. – Driftwood Capital, a vertically integrated commercial real estate investment, development, and lending platform specializing in hospitality, acquired the Hyatt Regency Fairfax,...
Losers and Lesser Losers: Tracking Hotel Operating Performance in 2020
In 2020, U.S. hotels suffered the worst year of operating performance since CBRE began tracking profitability in 1938. During the year, the average hotel...
Motto by Hilton Philadelphia Rittenhouse Square Debuts
PHILADELPHIA, Pennsylvania, and MCLEAN, Virginia – Hilton, in partnership with Cafritz Interests, Parkway Corporation, and Modus Hotels, announced the opening of Motto by Hilton...
IHG’s avid hotels Opens Seven Properties Across the United States
The IHG Hotels & Resorts avid hotels brand opened a new property in Forth Worth, Texas, and had six additional openings across the United...
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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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