Industry News

WASHINGTON, DC—The U.S. hotel industry reported positive year-over-year performance comparisons, according to CoStar’s latest data through Dec. 14. CoStar is a leading provide

WICHITA, Kansas—WaterWalk is pleased to announce the successful sale of its WaterWalk Phoenix North Happy Valley location to Ignite Hotels LLC. This transaction marks a signific

Accentuated by upticks in brand loyalty and outbound tourism, Americans expressed their strong appetite for travel in the Winter Edition of MMGY’s Portrait of American Travelers

WaterWalk has sold its WaterWalk Phoenix North Happy Valley location to Ignite Hotels LLC. The transaction is WaterWalk Holding Company’s first asset sale. In February 2023, the

NEWTON, Massachusetts—Sonesta International Hotels Corporation (Sonesta) today announced the opening of Sonesta ES Suites Goodyear, a 78-room extended stay hotel, conveniently lo

Owner and developer Rockbridge has acquired three luxury lifestyle Hotel ZaZa properties in Texas. The hotels include the 159-room Hotel ZaZa Austin Downtown, the 166-room Hotel Za

COSTA RICA—Waldorf Astoria Costa Rica Punta Cacique announces the appointment of Nicolas Piatti as Executive Chef of the highly anticipated resort, set to open spring 2025. Chef

WASHINGTON, DC—American Hotel & Lodging Association (AHLA) President & CEO Rosanna Maietta issued the following statement today after federal lawmakers reached a deal to

An affiliate managed by Range Equity Management LP, Lodging Capital Partners and funds managed by Oaktree Capital Management LP originated a $99 million loan secured by the 254-key

The U.S. hotel industry reported positive year-over-year performance comparisons, according to CoStar’s latest data through Dec. 14. Growth was elevated due to the Hannukah calen