Chatham Lodging Trust Acquires Six New Hotels, Raising Dividend for the Second Consecutive Year
Chatham Lodging Trust Acquires Six New Hotels, Raising Dividend for the Second Consecutive Year Chatham Lodging Trust expanded its business operations by purchasing six Hilton properties for USD 92 million, which serves as its first step towards future growth. The acquisition, which includes a mix of extended-stay hotels, also comes with a boost in dividend by 11 percent, highlighting the company’s confidence in its future prospects. The hotels, which Chatham operates throughout the United States, provide high-quality facilities which match the company’s dedication to premium hospitality assets. Chatham Lodging Trust’s Strategic Hotel...
Chatham Lodging Trust Acquires Six New Hotels, Raising Dividend for the Second Consecutive Year
Chatham Lodging Trust Acquires Six New Hotels, Raising Dividend for the Second Consecutive Year Chatham Lodging Trust expanded its business operations by purchasing six Hilton properties for USD 92 million, which serves as its first step towards future growth. The acquisition, which includes a mix of extended-stay hotels, also comes with a boost in dividend by 11 percent, highlighting the company’s confidence in its future prospects. The hotels, which Chatham operates throughout the United States, provide high-quality facilities which match the company’s dedication to premium hospitality assets. Chatham Lodging Trust’s Strategic Hotel...
How the 2026 FIFA World Cup is Redefining the American Hospitality Landscape in the United States
How the 2026 FIFA World Cup is Redefining the American Hospitality Landscape in the United States In the current economic landscape, the hospitality industry is being positioned for a significant transformation as the FIFA World Cup approaches. It is anticipated by industry leaders that this international tournament, scheduled to occur from June 11 to July 19, will serve as a definitive turning point for a sector that has experienced recent fluctuations. The scale of the event is being compared to the cumulative impact of dozens of high-profile sporting events occurring simultaneously....
Hotel Equities Takes Over Management of Sun Mountain Lodge, Enhancing their Offerings with Luxury, Wellness and Diverse Experiences to Boost Hospitality Growth
Hotel Equities Takes Over Management of Sun Mountain Lodge, Enhancing their Offerings with Luxury, Wellness and Diverse Experiences to Boost Hospitality Growth Hotel Equities (HE), one of the largest hotel operators and developers in the hotel industry, has announced its latest partnership with GEM Real Estate Partners to take over the management of Sun Mountain Lodge, a 2,000-acre mountain resort in Washington State’s Methow Valley. The Sun Mountain Lodge has been described as one of the most unique year-round destinations in the Pacific Northwest and offers guests ample opportunities to enjoy...
Rancho De Los Caballeros Resort Completes One Hundred Million USD Renovation, Unveiling New Accommodations and Modern Amenities to Enhance its Southwest Guest Experience
Rancho De Los Caballeros Resort Completes One Hundred Million USD Renovation, Unveiling New Accommodations and Modern Amenities to Enhance its Southwest Guest Experience Rancho de los Caballeros Resort, a family-owned dude ranch and guest resort located in the beautiful Sonoran Desert in Arizona, has completed its final phase of renovations, thus concluding its multi-year renovation journey that began in 2021. This renovation journey is a $100 million investment in Rancho de los Caballeros Resort, which is a mix of modern amenities and the much-loved Western heritage of the resort. With the conclusion...
Exclusive Offer: Tamarack Resort All Season Pass with Ikon Access for Skiers, Bikers, and Lake Lovers in Idaho
Exclusive Offer: Tamarack Resort All Season Pass with Ikon Access for Skiers, Bikers, and Lake Lovers in Idaho Tamarack Resort in Idaho has opened sales for its 2026–2027 All Season Passes. This is the very first price point available for the highest valued price point for the season. This means customers can head to the snow capped mountains for some skiing or head to the detination’s breathtaking lakes to go fishing for a very low cost. For the first tier pricing, adult passes are going for $499, and family passes are $999....
Discover the New Rancho de los Caballeros Resort: A $100 Million Renovation Brings Luxury and Adventure to Arizona’s Sonoran Desert
Discover the New Rancho de los Caballeros Resort: A $100 Million Renovation Brings Luxury and Adventure to Arizona’s Sonoran Desert Rancho de los Caballeros Resort, a historic family-owned dude ranch nestled in the heart of Arizona’s Sonoran Desert, has completed a $100 million, multi-year renovation, ushering in a new era of luxury and comfort while preserving the ranch’s timeless charm. This landmark transformation, which began in 2021, introduces a range of new accommodations, refreshed gathering spaces, and expanded amenities, solidifying the resort as one of Arizona’s premier destinations for relaxation, adventure,...
Sonesta Opens New Hotel in Statesville, NC, Enhancing Accommodation Options for Visitors Exploring the Piedmont Region
Sonesta Opens New Hotel in Statesville, NC, Enhancing Accommodation Options for Visitors Exploring the Piedmont Region Statesville, North Carolina is welcoming a new hospitality option for travelers as Sonesta International Hotels Corporation announces the opening of Sonesta Select Statesville. Located at 1215 E Garner Bagnal Boulevard, the newly renovated 132-room hotel sits near the intersection of Interstate 77 and Interstate 40, placing it directly along one of the most important travel corridors in the southeastern United States. The opening introduces an additional accommodation choice for visitors traveling through North Carolina, whether they...
Noble Investment Group Acquires Renaissance Reno Downtown Hotel & Spa, Strengthening its New Presence in the Hospitality Sector in Reno, Nevada
Noble Investment Group Acquires Renaissance Reno Downtown Hotel & Spa, Strengthening its New Presence in the Hospitality Sector in Reno, Nevada Noble Investment Group has announced that it has closed on its acquisition of the Renaissance Reno Downtown Hotel & Spa, situated on the Truckee River in the heart of downtown Reno, Nevada. This acquisition represents a major milestone in Noble’s expansion in Reno, which is one of the most rapidly growing metropolitan areas in the United States. It also reflects the growing potential in the hospitality industry in a region...
The Monarch, a Luxury Hotel in San Antonio, Offers Refined Accommodations and Culinary Excellence, Boosting their Hospitality Sector in the US
The Monarch, a Luxury Hotel in San Antonio, Offers Refined Accommodations and Culinary Excellence, Boosting their Hospitality Sector in the US The San Antonio cityscape is witnessing a revolution in terms of new additions and developments, and The Monarch is one such state-of-the-art 17-story hotel that represents luxury and sophistication at its best. The hotel is valued at $185 million and is expected to become a landmark in the hospitality sector of San Antonio in the coming years. The Monarch is owned and operated by Zachry Hospitality, a family-owned and operated...