HotStats
CAI Investments Secures $87M for Arizona Hotel
The 18-story, 290-key Westin in downtown Tempe is slated to open in the second quarter of 2021.
Waterford Hotel, Waterton Form New Venture
Waterford took over operations of a 1,600-key group of eight Waterton hotels, increasing its portfolio to 41 properties totaling 6,200 guestrooms.
US Hospitality Sector Continues Growth Trend
Despite macroeconomic concerns and an overall expectation that the industry metrics are slowing down, hotel profits increased last year, according to a new HotStats report.