Hyatt reports net income of $220 million for 2023
HYATT HOTELS CORP. reported $26 million in net income for the fourth quarter of 2023 and $220 million for the year. Comparable system-wide RevPAR...
Red Roof Inn opens in Stroudsburg, PA
Red Roof Inn Stroudsburg in Stroudsburg, Pennsylvania, is now open. The owner, 100 Park Ave LLC, led by Urvish Shah, recently invested $500,000 in...
Aperture, Satori Collective complete Atlanta hotel renovation
APERTURE HOTELS AND Satori Collective have completed a multi-million-dollar renovation of Homewood Suites by Hilton Atlanta/Perimeter Centre in Atlanta. This revamped hotel will cater to...
Stonebridge Cos. wins Hilton Award for Denver adaptive reuse property
NAVIN DIMOND'S STONEBRIDGE Cos. received the Hilton 2022 Americas Development Award for adaptive reuse of The Slate Denver, Tapestry Collection by Hilton in downtown...
Sonesta Essential opens in Junction City, KS
Sonesta Essential Junction City is now open in Junction City, Kansas. The 119-room upper-midscale property is owned by Tapan Parekh.
The hotel is near the...
HomeTowne Studios opens in Tampa, FL
HomeTowne Studios Tampa – Airport is now open in Tampa, Florida. The 124-room hotel will be operated by Dhruv Management, led by President and...
NewcrestImage, Coury Hospitality forge partnership for lifestyle hotel development
NEWCRESTIMAGE RECENTLY PARTNERED with Coury Hospitality aiming to advance their efforts in the development of lifestyle hotels. As part of the collaboration, NewcrestImage acquired...
Caption by Hyatt opens in Nashville, TN
Caption by Hyatt Downtown Nashville – The Gulch is now open in the Gulch neighborhood of downtown Nashville, Tennessee. The hotel, developed in partnership...
Peachtree, Roxbury open Detroit AC Hotel
AC Hotel Detroit is now open in the Bonstelle neighborhood of Detroit. The 154-room, 10-story hotel, jointly developed by Peachtree Group and Roxbury Group,...
NewcrestImage opens Homewood Suites in Parsippany, NJ
Homewood Suites Parsippany is now open in Parsippany, New Jersey. NewcrestImage acquired the 150-unit, five-story all-suites building in June 2022 and renovated it.
Dallas-based NewcrestImage is...