CoStar: U.S. Hotel Performance Increases and Shows Improved Comparisons
WASHINGTON—U.S. hotel performance increased from the previous week and showed improved year-over-year comparisons, according to CoStar’s latest data through Oct. 21, 2023.
U.S. Hotel Performance
October...
Lodging Econometrics: U.S. Construction Pipeline Continues Moderate Growth
According to the most recent Construction Pipeline Trend Report for the United States by Lodging Econometrics (LE), at the close of Q3 2023, the...
Wyndham Hotels & Resorts Reports Q3 2023 Results
PARSIPPANY, New Jersey—Wyndham Hotels & Resorts announced results for the three months ended September 30, 2023. Highlights include:
Global RevPAR grew 3 percent compared to...
Hilton Reports Q3 2023 Results
MCLEAN, Virginia—Hilton Worldwide Holdings Inc. reported its third quarter 2023 results. Highlights include:
Diluted EPS was $1.44 for the third quarter, and diluted EPS, adjusted...
PMZ Realty Capital Arranges Refinancing Loan for Hilton Garden Inn Atlanta Downtown
NEW YORK—PMZ Realty Capital LLC announced it arranged a $40 million refinancing loan for the Hilton Garden Inn Atlanta Downtown in Atlanta, Georgia. A...
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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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