2024 Outlook: Profit Trends Should Stabilize, Despite Lingering Challenges
While there are still many unknowns regarding the economy, STR's data points to further stabilization for the U.S. hotel industry. Aligned with record highs...
CoStar: U.S. Hotel Performance Decreases With Easter Holiday
WASHINGTON—As expected ahead of the Easter holiday, U.S. hotel performance decreased from the previous week, according to CoStar's latest data through March 30, 2024.
U.S....
CoStar: U.S. Hotel Performance Shows Positive Yearly Comparisons
WASHINGTON—U.S. hotel performance decreased from the previous week but showed positive comparisons year over year, according to CoStar's latest data through March 23, 2024....
CoStar: U.S. Hotel Performance Increases From the Previous Week
WASHINGTON—U.S. hotel performance increased from the previous week but showed continued declines year over year, according to CoStar's latest data through March 16, 2024.
U.S....
CoStar: U.S. Hotel Performance Increases Weekly but Declines Yearly
WASHINGTON—U.S. hotel performance increased from the previous week but declined year over year, according to CoStar's latest data through March 9, 2024.
U.S. Hotel Performance
March...
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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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