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Hilton Reports 22.6% Q1 RevPAR Decrease; Expects 90% April Drop
Hilton Reports 22.6% Q1 RevPAR Decrease; Expects 90% April Drop    (5/8/2020)
MCLEAN, VA—Hilton Worldwide Holdings Inc. had a 22.6% decrease in RevPAR for the first quarter of 2020, mainly due to the ...
ESA Sees 4.1% Drop In Q1 Revenues With Every Property Open    (5/8/2020)
CHARLOTTE, NC—Extended Stay America Inc. (ESA) and its lodging REIT, ESH Hospitality Inc., reported that total revenues for the first quarter ...
Wyndham Q1 Revenues Drop 12% In Midst Of Pandemic
Wyndham Q1 Revenues Drop 12% In Midst Of Pandemic    (5/7/2020)
PARSIPPANY, NJ—For the first quarter of 2020, ended March 31, which was impacted by the COVID-19 pandemic, Wyndham Hotels & Resorts’ ...
IHG Unveils Q1 Trading Update
IHG Unveils Q1 Trading Update    (5/7/2020)
InterContinental Hotels Group (IHG) has released our 2020 First Quarter Trading Update. ...
HVS Brokerage & Advisory Closes Sale Of Quality Inn & Suites by the Parks To Sarasa Hotels    (4/10/2020)
HOUSTON—HVS Brokerage & Advisory announces the sale of the 113-key Quality Inn & Suites by the Parks, located at 2945 Entry ...
PCA Sources $5.1MM For The Acquisition Of The Hyatt House Minot, ND    (4/9/2020)
The Paramount Capital Advisors team sourced a $5.1MM SBA 7a loan for the acquisition of the 130 room Hyatt House Hotel ...
Lodging Partners Announces Sale Of Residence Inn Durango    (4/8/2020)
DURANGO, CO—Lodging Partners, LLC, a member of Hotel Brokers International, announced the 66-guestroom Residence Inn located in Durango has sold to ...
Marriott International Suffers Another Data Breach
Marriott International Suffers Another Data Breach    (4/2/2020)
Marriott International has suffered a major security breach – its second in three years, according to Yahoo News. ...
HREC Arranges Sale Of The Residence Inn by Marriott Durango, CO    (4/1/2020)
DENVER—HREC Investment Advisors is pleased to announce it has arranged the sale of the 66-guestroom Residence Inn located in Durango, Colorado. ...
Unprecedented Package
Unprecedented Package    (3/26/2020)
Congress Greenlights $2 Trillion Stimulus; Hotel Leaders Call For Another Phase
AHLA Applauds Senate Passage Of CARES Act
AHLA Applauds Senate Passage Of CARES Act    (3/26/2020)
WASHINGTON—The following is a statement from Chip Rogers, AHLA president and CEO, on the Senate passage of the CARES Act. ...
Knighthead Funding Provides $30.5 Million Loan For Full-Service Boutique Hotel In Charleston, SC    (3/23/2020)
GREENWICH, CT—Knighthead Funding LLC has provided King & George Street, LLC with $30.5 million in short-term first mortgage debt for the ...
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