Waldorf-Astoria to Open Residences in Colorado
Skift Take
PMG and Hilton are developing the Waldorf Astoria Residences in Denver Cherry Creek, introducing the luxury brand to Colorado with 37 high-end residences and exclusive amenities managed by Hilton.
The DJIA ended Friday down 260, but Nasdaq was up 103, the S&P 500 was down 2 points, and the 10-year treasury yield was up .03 to 4.23%. Lodging stocks were mixed, with WH trading up to another all-time high and SOND down another -9%.
Ashford Hospitality Trust announced it had completed another reverse stock split, this time at a ratio of 1-for-10. The common stock will continue to trade under the AHT symbol.
The Singer Oceanfront Resort, part of the Curio Collection by Hilton, celebrated its grand opening on the south end of Singer Island in Florida. The resort boasts 223 guestrooms and suites, two exceptional dining venues, a market, and over 10,000 square feet of function space.
Developer PMG and Hilton announced the Waldorf Astoria Residences Denver Cherry Creek development, marking the first time the Waldorf Astoria brand has entered the Colorado market.
