The Dallas-based REIT has been working for months to hand back the keys of 19 hotels tied to three loans that matured in June in which the trust opted not to pay the $255 million required to extend those loans.

...Peachtree has recently expanded its investment strategy to other asset classes, transitioning from Peachtree Hotel Group to Peachtree Group.

US hotel performance weakened during the week ended August 26, matching historical seasonal patterns, STR reported, citing the latest data from CoStar, which provides information and analytics in the property markets.

Realty Income (O.N) signed an agreement with Blackstone's real estate investing firm to invest about $950 million in the Bellagio Las Vegas resort, valuing the assets at $5.1 billion, the companies said on Friday...

US hotel performance declined during the week ended Aug. 12, STR reported, citing the latest data from CoStar, which provides information and analytics in the property markets...

US hotel performance showed mixed results during the week ended July 29, STR reported, citing the latest data from CoStar, which provides information and analytics in the property markets. Occupancy slightly dropped to 72.2% from 72.9% a week earlier and was up 0.6% from the comparable week in 2022.

US hotel performance improved in all three metrics during the week ended July 15, STR reported, citing the latest data from CoStar, which provides information and analytics in the property markets. Occupancy increased to 72.0% from 61.8% a week earlier and was up 0.1% from the comparable week in 2022.

US hotel performance improved substantially on a sequential basis during the week ended June 10...

US hotel performance dipped sequentially during the week ended June 3, as expected with the Memorial Day holiday...