Reining in Utility Expenses: Sustainability Practices Help Hoteliers Protect Their Bottom Line
Ambitious climate and decarbonization efforts have heightened the demand for electrified and energy-efficient buildings. Regulatory frameworks are evolving from simple incentives t
NewcrestImage Converts New Jersey Hotel to Homewood Suites Brand
A 150-unit, five-floor, all-suites property in Parsippany, New Jersey, has been converted by NewcrestImage and is operating under the Homewood Suites by Hilton brand. The company a
CoStar: December U.S. Hotel Industry Reports Positive Year-Over-Year Comparisons
WASHINGTON—The U.S. hotel industry reported positive year-over-year performance comparisons, according to CoStar’s latest data through Dec. 21, 2024. Growth was elevated due to
Driftwood Capital Secures Refinancing for Two Hotels
MIAMI, Florida—Driftwood Capital has secured $62.5 million in total refinancing for the Wylie Hotel Atlanta and Sheraton Pittsburgh Hotel at Station Square, two full-service hosp
Home2 Suites by Hilton Kalispell Celebrates Topping Off Milestone
KALISPELL, Montana—The Hotel Group, an affiliate of Hotel Equities, and TE Miller Development, LLC, announced the topping-off milestone for the Home2 Suites by Hilton Kalispell,
Roxbury Group unveils AC Hotel Detroit at the Bonstelle
Detroit-based Roxbury Group has unveiled the soon-to-open AC Hotel Detroit at the Bonstelle, a 154-room, 10-story hotel in the Brush Park neighborhood. Roxbury is developing the pr
Sonesta Essential hotel opens in Ames, IA
Sonesta International Hotels Corporation has opened the Sonesta Essential Ames, a 75-room, upper-midscale hotel in Ames, IA. The hotel is near US-30 and convenient to Iowa State Un
RIU Hotels & Resorts partners with Upgrade
RIU Hotels & Resorts has partnered with Upgrade to offer Flex Pay, giving travelers the ability to spread the cost of their vacation over time. “We’re excited to offer this
Atypical Approach: CEO Murray Sets Up Sonesta for Growth With Unique Franchising Formula
For Sonesta International Hotels Corporation, 2024 has been a year of significant progress, ranging from robust distribution growth throughout its multi-brand portfolio to the debu
RIU Hotels & Resorts Offers Upgrade’s Flex Pay Solution
RIU Hotels & Resorts announced it’s offering Upgrade’s Flex Pay Book Now Play Later Options to its guests. RIU, which is owned by the Riu family, specializes in holiday re