News

Its origins lie in the Swahili language, but Africa isn’t the only place to enjoy a safari. On the other side of the planet, ...
Accor , Europe’s biggest hotel group by portfolio, reported a larger-than-expected rise in first-quarter revenue on Thursday, ...
RevPAR (1) increased 5.6% to $95 for the year ended December 31, 2024, compared to $90 for the year ended December 31, 2023. Completed dispositions of 16 hotel properties for total gross proceeds of ...
VANCOUVER, British Columbia, March 31, 2025 (GLOBE NEWSWIRE) — American Hotel Income Properties REIT LP (“AHIP”, or the “Company”) (TSX: HOT.UN, TSX: HOT.U ...
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Lower income households are set to be £500 poorer ... according to the Resolution Foundation's analysis of Wednesday's spring statement. It said a fall of this scale had only been exceeded ...
The luxury Costa Rican hotel where the teenage son of former New York Yankees star Brett Gardner tragically passed away has issued a statement addressing the heartbreaking incident. Arenas Del Mar ...
A: We will look at dispositions opportunistically. We currently have eight hotels under contract with expected closing at the end of April 2025. We are also considering other properties ...
The impairment charges and impairment charges reversal are primarily due to revised expectations on the timeframe for hotel properties to achieve stabilized income levels, higher operating costs ...
An income statement shows a business's revenue and costs to determine profit, including sales revenue, cost of sales, gross profit, expenses, and net profit. It demonstrates financial performance ...