CORAL GABLES, Florida — The Caribbean and Latin American region holds a lot of promise for hotel companies, but it's not a guaranteed success for just any venture.
Hotel performance came in better than brand and real estate investment trusts previously projected during the first quarter, and that allowed recovering markets to continue improving and those that ...
Madrid-based investment firm Stoneshield Capital has acquired a 9.5% stake in Meliá Hotels International, becoming the Mallorca-based hotel firm’s second-largest shareholder.
On their first-quarter earnings calls, hotel company executives pointed to standout performance in March capping out the quarter with momentum, as well as significant macroeconomic headwinds ...
High-end travelers wanting to travel a little bit closer to home helped drive hotel revenue growth for Host Hotels & Resorts during the first three months of the year.
Despite some tricky year-over-year comparisons and severe weather in Hawaii and the Northeast, Sunstone Hotel Investors reported a first quarter that exceeded expectations.
A joint venture between Sculptor Diversified Real Estate Income Trust and Trinity Investments has acquired the 809-key JW Marriott Marco Island Beach Resort on Florida's Gulf Coast for $835 million.
CORAL GABLES, Florida — The Caribbean and Latin America region is seeing increased interest from investors both domestic and international, and they each have preferred countries to work in.
WASHINGTON, D.C. — Hotel asset managers have increasing hopes that their properties will exceed their original expectations for revenue growth this year, but they don't believe the World Cup is going ...
Officials with RLJ Lodging Trust pointed to strength in leisure and business travel to urban markets as the reason they outperformed the broader hotel industry in the first quarter, bringing in ...
With an expected rocky start to the year, Summit Hotel Properties finished its first quarter with momentum that President and CEO Jonathan Stanner said should continue into the second quarter as well ...
Hotel-focused real estate investment trust Park Hotels & Resorts continues its planned sell down of non-core assets by offloading two hotels so far this year with plans to sell off 12 more.
BERLIN — While Trinity Investments has managed to acquire three notable hotels since the firm expanded into Europe, the company's lead executive in the region noted there aren't many investment ...