Choice Issues Investor Presentation Concerning Proposal to Acquire Wyndham
NORTH BETHESDA, Maryland—Choice Hotels International, Inc. issued an investor presentation and infographic disputing the claims made by Wyndham Hotels & Resorts, Inc. in connection...
LivSmart Studios Unveiled as Name of Hilton’s New Extended-Stay Brand
MCLEAN, Virginia—Hilton announced LivSmart Studios by Hilton as the official name of its studio apartment-style, extended-stay hotel brand. Created for the long-stay guest, LivSmart...
Everhome Suites Targets Growing Midscale Demand and Spurs Growth for Choice
It may have taken a pandemic to really wake the lodging market—including investors, developers, and hoteliers, as well as their consumers—to the beauty of...
Wyndham’s Board Encourages Shareholders Not to Tender Shares to Choice Offer
PARSIPPANY, New Jersey—Wyndham Hotels & Resorts announced that its Board of Directors, following a review with its outside financial and legal advisors, has unanimously...
TownePlace Suites by Marriott Marks 500th Hotel Opening
TownePlace Suites by Marriott marked its 500th hotel with the opening of TownePlace Suites Richmond Colonial Heights in Virginia, the state where the brand...
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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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