Hilton (NYSE: HLT) has unveiled Apartment Collection by Hilton, a new lodging category within the company’s brand portfolio. According to the company, Apartment Collection by Hilton will offer studio to four-bedroom furnished apartments in urban and suburban...
Hilton Hotels Corp. (NYSE: HLT) has removed a Minneapolis-area franchise from its systems following reports that it refused and canceled reservations made by ICE agents. Yesterday, the Department of Homeland Security (DHS) called out the company on X, stating it...
Phoenix-based Hospitality Capital Partners (HCP), in conjunction with its equity partner National Property Advisors, acquired a portfolio of five Arizona hotels from Service Properties Trust for $72 million. The portfolio encompasses more than 665 rooms consists at...
Two of San Francisco’s largest hotels were sold together at a significant discount. Bloomberg reports Parc 55 and Hilton San Francisco Union Square, which encompass a total of nearly 3,000 rooms, were sold for $408 million – a 75% drop from their combined $1.56...
Sonder Holdings Inc. (NASDAQ: SOND), a San Francisco-headquartered operator of short-term rental apartments and boutique hotels, announced a winding down of its operations immediately and the Chapter 7 liquidation of its US business while initiating insolvency...
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
