Lodging Econometrics: U.S. Hotel Construction Pipeline Reaches New All-Time High
According to the Q3 2024 U.S. Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), the total U.S. pipeline stood at 6,211 projects/722,821 rooms, up 9 percent b
Davidson Hospitality Group Enters Partnership With Nautic Partners
ATLANTA, Georgia—Davidson Hospitality Group announced that it has entered into a new partnership with Nautic Partners, a middle-market private equity firm. As part of this partne
Davidson Hospitality announces new partnership with Nautic Partners
Hospitality management company Davidson Hospitality Group has entered into a new partnership with Nautic Partners, a middle-market private equity firm. As part of this partnership,
Sonesta Executed 30 Franchise Agreements in Q3 2024
NEWTON, Massachusetts—Sonesta International Hotels Corporation announced the execution of 30 new franchise agreements during the third quarter of 2024, representing growth at sev
Driftwood completes renovation of Delta West Palm Beach
Driftwood Hospitality Management (DHM) has completed a multimillion-dollar renovation of Delta Hotels by Marriott West Palm Beach, a 199-key hotel located in South Florida. Formerl
Access Point Financial Closes Investment in Hotel Portfolio Refinance
ATLANTA, Georgia—Access Point Financial announced the successful closing of a $133.1 million investment in Goldman Sachs’ recent $985 million hotel portfolio refinance. Goldman
U.S. hotel results for week ending Oct. 26
The U.S. hotel industry reported positive year-over-year comparisons, according to CoStar’s latest data through Oct. 26. Oct. 20-26 (percentage change from comparable week in 202
CoStar: U.S. Hotel Industry Continues to Post Positive Year-Over-Year Comparisons
WASHINGTON—The U.S. hotel industry reported positive year-over-year comparisons, according to CoStar’s latest data through Oct. 26, 2024. U.S. Hotel PerformanceOctober 20-26, 2
Preferred Hotels & Resorts adds 24 properties
Preferred Hotels & Resorts added 24 new member properties to its global portfolio in the third quarter. “We are pleased to introduce this outstanding group of 24 new members