MGM Resorts International will acquire the operations of The Cosmopolitan, the luxury casino and hotel on the Las Vegas Strip, for $1.625 billion from private equity...

On September 24, 2021, the board of directors (the “Board”) of Procaccianti Hotel REIT, Inc. authorized the payment of distributions out of legally...

U.S. hotel performance for the week ended September 11 slightly declined from the previous week, but performance levels were solid on an absolute basis amid...

Occupancy at U.S. hotels and average daily rate for the week ended August 14 slipped from prior weeks, but comparisons with the corresponding week...

Occupancy at U.S. hotels in the week ended July 31 was 70.1%, down from 71.4% the previous week and a decrease of...

Occupancy levels at U.S. hotels for the week ended July 3 were at 65.4%, a slight decline of 0.1% compared to the similar period in 2019, according to data...

Guests are already reserving hotel rooms for what is likely to be a very busy summer. But not every hotel segment is likely to recover at the same pace as the U.S.

Occupancy at U.S. hotels in the week ended May 29 rose to its highest level at 61.8% since late February 2020, buoyed by the Memorial Day weekend, according to...

U.S. hotel occupancy for the week ended May 22 hit 60.3%, the highest since the beginning of the coronavirus pandemic, according to data from STR...