The three hotels, the 507-room Hilton Atlanta Airport in Atlanta, Georgia; the 317-room Hilton New Orleans Airport in New Orleans, Louisiana; and the 274-room Embassy Suites Parsippany in Parsippany, New Jersey, are located in non-core airport and suburban markets and had a combined 2018 RevPAR of $109, or approximately 37% below Park’s 2018 portfolio average.
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Poughkeepsie, NY (June 25, 2019) – Hyatt Place Poughkeepsie, the first Hyatt Place hotel in Poughkeepsie, NY, is officially open. The new hotel features the Hyatt Place brand’s intuitive…
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Anticipated to open in late 2020, the new Downtown Melbourne property broke ground on June 19, 2019
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CHICAGO (June 25, 2019) – Hyatt Hotels Corporation (NYSE:H) today announced the introduction of Alila Hotels into the World of Hyatt loyalty program beginning June 25, 2019. This program…
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Waldorf Astoria Hotels & Resorts to Debut in Mexico with Conversion of The Resort at Pedregal
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California mother-of-two is the first to be granted a permit to open a home restaurant
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The contracted sale price reflects a 17.4x EBITDA multiple and a 5.0% net operating income capitalization rate based on the hotel’s operating performance for 2018.
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Merger Creates the Largest Owner and Operator of U.S. Gaming Assets
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Four Seasons Hotels and Resorts, The Congress Group Inc. and AECOM Capital today celebrated the groundbreaking of Four Seasons Hotel and Private Residences Nashville.
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Super 8 by Wyndham today announced a dream opportunity for young, aspiring designers with the launch of its first-ever ROOM8 Design Challenge. Centered on re-imagining a traditional hotel suite, the challenge looks to bring a fresh perspective to shared hotel accommodations and invites creative applicants to submit original design renderings for what will eventually become the brand's new ROOM8 (pronounced roommate) room concept.
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