Red Roof to Open 50 Properties in 2023
COLUMBUS, Ohio—Red Roof will open 50 properties—new builds and conversions—in 2023, representing 60 percent year-on-year growth. The company attributes this growth to continued demand...
Moxy Williamsburg Opens, Becomes the Brand’s First Hotel in Brooklyn
Moxy Williamsburg debuts as the brand’s first hotel in Brooklyn with interiors by BASILE Studio in collaboration with Lightstone Design Studio and four new...
The Steward, a Tribute Portfolio Hotel, to Open This Spring
SANTA BARBARA, California—The Steward, a Tribute Portfolio by Marriott hotel, will debut this spring in Santa Barbara, California. The 87 all-suite boutique hotel will...
AC Hotel by Marriott St. Petersburg Downtown Opens
ST. PETERSBURG, Florida—AC Hotels by Marriott has opened a new property in downtown St. Petersburg, Florida. AC Hotel by Marriott St. Petersburg Downtown has...
citizenM Miami Worldcenter Opens as Brand’s Second Hotel in the City
citizenM opened its second property in Miami, following its Miami Brickell opening in July 2022. The 351-room hotel is located in the Miami Worldcenter...
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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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