North Carolina

North America

San Francisco’s Largest Hotel Complex Inches Closer to Sale

San Francisco's largest hotel complex, Hilton San Francisco Union Square and Parc 55, is nearing a sale after over a year in court-appointed receivership.

Alan Woinski and Kim Woinski | 1 week ago

North America

The U.S. Election Day’s Impact on Hotel Revenue

STR reported U.S. hotel data for the week ended November 9. U.S. hotel RevPAR fell -3.5%, with occupancy down -3.5%.

Alan Woinski and Kim Woinski | 3 weeks ago

North America

Design Hotels Announces 10% Global Portfolio Growth

Design Hotels reported 10% portfolio growth, highlighted by new agreements including new Firmdale properties, and expansion with Grupo Habita, Drift Hotels, and ASH.

Alan Woinski and Kim Woinski | 3 weeks ago

North America

Global Hotel Transactions Reach $42 Billion Q3

Global hotel investments are booming, with a 13% RevPAR increase, high cross-border deals, and $42.1B in transactions, driven by strong demand for luxury and select-service hotels.

Alan Woinski and Kim Woinski | 3 weeks ago

North America

KSL Sells Davidson Hospitality

Nautic Partners acquired Davidson Hospitality Group from KSL Capital Partners, with KSL remaining involved as a manager, marking Nautic's entry into hotel management ownership.

Alan Woinski and Kim Woinski | 4 weeks ago

North America

Sonesta Announces 30 New Franchise Agreements

Sonesta International Hotels Corporation signed 30 new franchise agreements across seven of its brands in Q3 2024.

Alan Woinski and Kim Woinski | 1 month ago

North America

Truist’s Earnings Season Projections

Truist expects hurricanes to boost midscale hotel RevPARs but raise insurance costs, while labor pressures and union demands challenge hotel profitability despite occupancy growth and M&A opportunities.

Alan Woinski and Kim Woinski | 2 months ago

North America

Wells Fargo Adjusts Ratings for Hotel REITs

Wells Fargo adjusted ratings and price targets for several hotel stocks, upgrading some while cutting price targets for others.

Alan Woinski and Kim Woinski | 3 months ago

North America

CitizenM Opens Its Second Boston Property

citizenM has opened its second Boston property, citizenM Boston Back Bay, a 15-story hotel with 399 guestrooms, curated artwork, and a rooftop bar, making it the company's largest hotel within the Lyrik development.

Alan Woinski and Kim Woinski | 3 months ago

North America

Large Hotel Transactions Are on the Rise

JLL reports a significant rise in large hotel transactions, particularly in luxury markets, with 2024 seeing a 59% increase in single-asset deals over $200 million, totaling $4 billion.

Alan Woinski and Kim Woinski | 3 months ago