Hospitality

FAIRFAX, Va., July 06, 2023 (GLOBE NEWSWIRE) -- Crestline Hotels & Resorts, LLC (“Crestline”) announced today it has been selected to manage the 103 room Hyatt Place Keystone in Colorado. This contemporary hotel is in the heart of Arapahoe Basin adjacent to Keystone Resort. Located only 70 miles from Denver, the Hyatt Place Keystone also offers...

WILLIAMSBURG, Va., July 06, 2023 (GLOBE NEWSWIRE) -- Sotherly Hotels Inc. (NASDAQ: SOHO), (“Sotherly” or the “Company”), a self-managed and self-administered lodging real estate investment trust (a “REIT”), today reported preliminary operating results for the Company’s ten wholly-owned properties, (“same-store” portfolio metrics). Accordingly, the actual data does not include the participating condominium hotel rooms of the...

SHANGHAI, June 27, 2023 (GLOBE NEWSWIRE) -- H World Group Limited (NASDAQ: HTHT and HKEX: 1179) (the “Company”), a key player in the global hotel industry, today announced that the 2023 annual general meeting of the Company (the “AGM”) was held on June 27, 2023. During the AGM, the following proposed resolutions were duly passed: the...

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BETHESDA, Md., June 22, 2023 (GLOBE NEWSWIRE) -- Host Hotels & Resorts, Inc. (NASDAQ: HST) (the “Company”) will report second quarter 2023 financial results on Wednesday, August 2, 2023, after the market close. The Company will hold a conference call to discuss its second quarter 2023 results and business outlook on Thursday, August 3, 2023,...

LOWER OPERATING PROFIT DURING THE THIRD QUARTER CHARACTERISED BY ONE-OFF COSTS Third Quarter Net sales for the third quarter decreased by SEK 127 million (8 percent) to SEK 1,409 (1,536) million compared with the same period of the previous year.Operating profit...

FAIRFAX, Va., June 19, 2023 (GLOBE NEWSWIRE) -- James Carroll, President & CEO of Crestline Hotels & Resorts, LLC (“Crestline”) today announced the continued expansion of its executive management team with the appointment of Alexander (Alex) J. Belden as Vice President, Business Development. Mr. Belden brings more than a decade of hospitality and institutional investment and...

Today, the Intelligent Rail & Logistics Forum2023 was held in Fényeslitke, Hungary. During the forum, the United Nations IndustrialDevelopment Organization (UNIDO) announced that it would establish in July theGlobal Alliance on Artificial Intelligence for Industry and Manufacturing with Huaweiand international partners. This Alliance will be committed to building a platform forcollaboration and knowledge sharing to promote innovation and...

BETHESDA, Md., June 14, 2023 (GLOBE NEWSWIRE) -- Host Hotels & Resorts, Inc. (NASDAQ: HST), the nation’s largest lodging real estate investment trust (the “Company”), today announced that its board of directors authorized a regular quarterly cash dividend of $0.15 per share, a 25% increase over the prior quarter. The dividend is payable on July 17,...

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