Hilton hotel opens in Newport's $1B Ovation development
The Homewood Suites by Hilton is the second hotel Corporex has opened in the last six months. It opened the 134-room Residence Inn by Marriott Kenwood in August. That property is also managed by ...
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Indy airport board approves plans for $206M hotel. Here’s when it could open.
The Westin Indianapolis Airport, planned for construction directly west of the airport’s existing parking garage, is expected to comprise 253 rooms at a starting rate of about $245 per night. It will ...
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Sunstone Hotel Investors (SHO) Beats Q4 FFO and Revenue Estimates
Sunstone Hotel Investors (SHO) came out with quarterly funds from operations (FFO) of $0.16 per share, beating the Zacks Consensus Estimate of $0.14 per share. This compares to FFO of $0.19 per share ...
Sunstone Hotel reports Q4 adjusted FFO 16c, consensus 14c
Reports Q4 revenue $214.77M, consensus $211.17M. Bryan Giglia, Chief Executive Officer, stated, “In 2024, we began to realize the benefits of ...
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$100M Loan On The Line LA Hotel In Default
RECP Sydell Wilshire defaulted on a $100M loan tied to the 384-room hotel when it failed to make a critical Jan.6 reserve ...