Wednesday, October 28, 2020
Home Tags US hotel industry

Tag: US hotel industry

U.S. opens more hotels than any country during pandemic

U.S. has opened more hotels and rooms than any country during the coronavirus pandemic, between the beginning of March and end of...

Colony Capital announces the sale of hospitality portfolios

Colony Generates Significant Strategic and Financial Benefits on Exit From Hospitality Business Sale Represents Key Milestone in Colony Capital’s...

Service Properties Trust to transfer 103 hotels to Sonesta from IHG

-Rebranding Hotels to Sonesta Expected to Improve SVC Operating Results -IHG Failed to Pay Owner’s Priority Returns to SVC...

U.S. hotel industry reported unprecedented lows during April 2020, says STR

Due to expanded restrictions around the COVID-19 pandemic, the U.S. hotel industry reported unprecedented lows during April 2020, according to data from STR.

Caesars, VICI to sell Bally’s Atlantic City for $25m

Caesars Entertainment and VICI Properties have reached an agreement to sell the Bally’s Atlantic City Hotel & Casino to Twin River Worldwide...

Xenia Hotels & Resorts to sell seven-hotel portfolio for $483m

Xenia Hotels & Resorts, Inc., a self-advised and self-administered REIT, owns 39 hotels comprising 11,245 rooms across 16 states in the U.S...

Pebblebrook Hotel Trust to sell two hotels in US for $331m

Pebblebrook Hotel Trust, a publicly traded real estate investment trust (REIT), announced it has agreed to sell two hotels, the 422-room InterContinental...

Park Hotels announces sale of Le Meridien New Orleans

Park Hotels & Resorts Inc. announced that it has closed on the sale of the 410-room Le Meridien New Orleans located in New...

Hilton opens 700 new work-from-home positions

Hilton (NYSE: HLT) has announced the creation of 700 new full-time work-from-home positions, significantly expanding its remote career program and flexible work...

AHIP REIT to acquire US hotel portfolio for $191m

American Hotel Income Properties REIT LP (AHIP) has agreed to acquire a portfolio of 12 well-maintained premium branded hotels for US$191 million...

MOST POPULAR