Tag: US hotel industry

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

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 opportunities across...

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

Hyatt Hotels Corporation plans to build Hyatt Centric hotels in downtown Memphis, Tenn., downtown Nashville, Tenn., and downtown Austin, Texas. New Hyatt Centric hotels...

Apple Hospitality REIT, Inc. has acquired the 160-room Hampton Inn & Suites by Hilton Downtown St. Paul for $31.7 million from a subsidiary of...

Ashford Hospitality Trust, Inc. has acquired Hilton Santa Cruz/Scotts Valley in Santa Cruz, California for $50 million. To fund the acquisition the company used...

Pebblebrook Hotel Trust has sold the 335-room, Hotel Palomar Washington, DC for $141.5 million. The sale price of $141.5 million reflects a 14.9x EBITDA multiple...

Hilton (NYSE: HLT) has launched its new meetings-and-events-focused brand Signia Hilton, including a minimum of 500 guest rooms and 75 square feet per key of...

Starwood Capital Group has sold the 1 Hotel South Beach in Miami Beach, Florida for $610 million to Host Hotels & Resorts. Starwood Capital Group...

Inter Continental Hotels Group has opened its 100th Hotel Indigo® property globally, Hotel Indigo® Berlin East Side Gallery. The brand was established in 2004...