Choice Hotels International Provides Business Update
ROCKVILLE, Maryland—Choice Hotels International, Inc. provided an update on its business, including the integration of the Radisson Hotels Americas portfolio into its franchisee system.
Growth...
JLL Capital Markets Arranges Home2Suites and Residence Inn Sales
WASHINGTON, D.C.—JLL Capital Markets announced that it arranged the sale of Home2Suites by Hilton, a 103-key hotel in Blacksburg, Virginia, and the sale of...
DoubleTree by Hilton Abilene Downtown Convention Center Opens
ABILENE, Texas—Hilton announced the opening of DoubleTree by Hilton Abilene Downtown Convention Center, located adjacent to the city’s downtown convention center and in the...
Post-Boom Period: Slowing U.S. Hotel Industry Performance Growth Hitting Development and Transactions
The U.S. hotel sector posted healthy performance growth during the first quarter of 2023 despite ongoing economic concerns presenting more hurdles for the leisure...
STR: U.S. Hotel Performance Comparisons Improve Year-Over-Year
HENDERSONVILLE, Tennessee—U.S. hotel performance fell from the previous week, but year-over-year comparisons improved, according to STR's latest data through July 1, 2023.
U.S. Hotel Performance
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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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