Hilton Grows to 1 Million Rooms Worldwide
MCLEAN, Va. — Hilton this week announced that the company reached its 1 million room milestone in the fourth quarter of 2020. Three of...
A-Rod Corp and Maverick CP Back CGI’s $650 Million Hospitality Opportunity Fund
MIAMI — CGI Merchant Group, LLC—a global investment management firm with a focus in real estate and private equity—this week announced a new multimillion-dollar...
CBRE Adjusts U.S. Forecast in Light of COVID-19 Surge and Vaccine News
DALLAS — The recent surge in COVID-19 infections has dampened expectations for U.S. hotel performance through the first half of 2021, but news of...
Hyatt House Opens on University of Southern California Health Sciences Campus
LOS ANGELES — Hyatt House LA-University Medical Center will officially open this month as the first Hyatt House hotel in the northeast Los Angeles...
Hyatt Grows Boundless Portfolio of Lifestyle Brands in the Americas
CHICAGO — Hyatt Hotels Corporation is growing its Alila, Hyatt Centric, and Thompson Hotels brands, which are part of its boundless portfolio, with nearly...
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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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