STR: U.S. Hotel Performance Shows Mixed Comparisons Amid Spring Break Travel
HENDERSONVILLE, Tennessee—Aligned with normal Spring Break patterns, U.S. hotel performance showed mixed comparisons from the previous week, according to STR's latest data through April...
STR: U.S. Hotel GOPPAR Reaches Highest Level Since October 2022
HENDERSONVILLE, Tennessee—U.S. hotel gross operating profit per available room (GOPPAR) exceeded the pre-pandemic comparable and was the highest since October 2022, according to STR's...
Soul Community Planet Acquires Albion River Inn
LAGUNA BEACH, California—Soul Community Planet (SCP) announced the acquisition of the Albion River Inn, a boutique hotel located in Mendocino County on the Northern...
Extended Stay Suites Atlanta-McDonough Opens
CHARLOTTE, North Carolina—Extended Stay America announced the opening of the Extended Stay Suites Atlanta-McDonough, located in McDonough, Georgia. The property was developed by TGC...
STR: U.S. Hotel Performance Fluctuates With Spring Break Season
HENDERSONVILLE, Tennessee—Reflecting the normal ebb and flow of spring break season, U.S. hotel performance decreased from the previous week, according to STR's latest data...
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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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