Major Brands See White Space in Extended-Stay by Focusing on Cost
The extended-stay segment continues to attract new entrants at a dizzying pace as major brand companies look to identify “white space” in the chain...
Wyndham Signs Deal to Bring 16 LuxUrban Hotels Into the Trademark Collection Brand
PARSIPPANY, New Jersey, and MIAMI, Florida—Wyndham Hotels & Resorts and LuxUrban Hotels, Inc. announced a newly signed deal to bring 16 LuxUrban hotels, representing...
Omni Hotels & Resorts Introduces Brand Evolution and Changes Visual Identity
DALLAS, Texas—Omni Hotels & Resorts launched a brand evolution as it continues growth comprised of nationwide portfolio enhancements, service training, and marketing investments. Driven...
RLJ Lodging Trust’s Nashville Property to Join Tapestry Collection by Hilton
BETHESDA, Maryland—RLJ Lodging Trust announced that its Nashville property is joining the Tapestry Collection by Hilton. The 124-room property will undergo a renovation and...
LODGING Exclusive: My Place Hotels Strikes a Balance with New Tech Initiatives
Hoteliers are frequently looking for ways to streamline their operations, keep expenses down, and boost their bottom line—especially in today’s challenging economic climate. With...
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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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