|Bid||113.65 x 800|
|Ask||113.68 x 800|
|Day's Range||111.98 - 113.96|
|52 Week Range||70.16 - 113.96|
|Beta (5Y Monthly)||1.07|
|PE Ratio (TTM)||36.03|
|Earnings Date||Feb 10, 2020|
|Forward Dividend & Yield||0.60 (0.53%)|
|Ex-Dividend Date||Nov 05, 2019|
|1y Target Est||109.45|
Welcome to Deal Dash — the Nashville Business Journal's new roundup of some of the week's more notable commercial real estate dealmaking
Hyatt (H) announces the opening of Hyatt Place Waco-South in Waco, TX. The company's efforts to expand presence worldwide are noteworthy.
Downtown Sacramento’s next hotel is in line to open this fall, with much of the adaptive-use work on the former Fruit Building complete. Whitney Johnson, a design and project consultant for building owner Sunny Dale, of Dale Investments, said the Hilton-branded Exchange Hotel will be unique. “Everything is definitely more custom, more curated than a typical Hilton,” said Johnson, who said Exchange Hotel at 1006 Fourth St. will be under the Curio flag of Hilton Worldwide Holdings Inc. (NYSE: HLT).
Hilton (NYSE: HLT) today launches Tempo by Hilton, an approachable lifestyle brand curated to serve a growing segment of "modern achievers" who seek a hotel experience that reflects their ambition. By combining thoughtful design and diverse lifestyle partnerships, Tempo by Hilton provides hotel owners and developers with a highly scalable brand that is both uplifting and within reach for future guests – all powered by an efficient service model.
Hotel companies hardly ever shy away from creating new brands, even when they may sound and look like ones they already have. Hilton is the latest hospitality giant to debut another brand. The McLean, Virginia-based company on Thursday introduced Tempo by Hilton with a celebration in New York City. It is the sixth brand Hilton […]
A Triad-based hotel developer and operator has purchased an office building with plans to move its headquarters there. CN Hotels of Greensboro paid $1.38 million last month for a 24,000-square-foot office building on 8.8 acres at 711 Gallimore Dairy Road, south of Interstate 40 in High Point. The seller was First Community Bancshares of Bluefield, Virginia.
Downtown San Jose's Hilton has sold for $117.55 million, about $30 million more than what the previous owner paid to purchase the hotel property in 2017. The deal for the Hilton San Jose was announced by commercial real estate firm JLL's Hotels & Hospitality Group on Monday. John Strauss, senior managing director of JLL's Hotels & Hospitality Group, and Mark Fraioli, executive vice president of JLL's hotels group, led the JLL team that sold the 353-room hotel at 300 Almaden Blvd. on behalf of its owner, Han's Holdings Group Ltd. The sale works out to $413.18 per square foot, or more than $333,000 per room.
HOF Village, LLC (HOFV), the owner of the premier sports, entertainment and media enterprise surrounding the Pro Football Hall of Fame in Canton, Ohio, today announced that it will open a DoubleTree by Hilton hotel in Downtown Canton. The fully renovated hotel, which was acquired by HOFV in October 2019, is expected to open in the summer of 2020, in time to welcome guests for the 2020 Pro Football Hall of Fame Enshrinement Week Powered by Johnson Controls.
CoStar Group Inc. (NASDAQ: CSGP) has expanded its board and appointed two new members, including Robert Musslewhite, CEO of OptumInsight, formerly known as the Advisory Board Co. The other new board member is Louise Sams. Sams most recently served as executive vice president and general counsel at Turner Broadcasting System Inc., overseeing Turner's legal work. Musslewhite served as chairman and CEO of The Advisory Board Co. for 14 years before the company was acquired by Optum.
The new hotel property coming Tuesday will put the a Hilton Hotels property in very close proximity to the city's close-in southwest side airport.
Plans for another name brand hotel near the Mall at Millenia are making their way through the state approvals process. The planned 132-room, six-story Hilton Garden Inn at Millenia is slated to be built on nearly 2.5 vacant acres southwest of the Mall at Millenia at 4811 Millenia Blvd. The property is proposed by AAAA Property Partners LLC with Mitch Collins PE Inc. as the listed engineer. Executives with AAAA Property and Mitch Collins were not available for comment.
The Zacks Analyst Blog Highlights: Marriott Vacations Worldwide, Hilton Worldwide, Wyndham Hotels & Resorts and InterContinental Hotels
The Trump Organization has set a Jan. 23 deadline for potential bidders on its downtown D.C. hotel, and there are some big names in the running, according to The Wall Street Journal. The family of President Donald Trump brought on JLL (NYSE: JLL) in October to market the Trump International Hotel, which it operates under a long-term federal lease on the Old Post Office on Pennsylvania Avenue NW. Eric Trump, the executive vice president of the Trump Organization, told The Wall Street Journal in a prepared statement the property has “received tremendous interest” from “the biggest names in hospitality.” JLL declined to tell The Wall Street Journal what entities have expressed interest, but the report cites anonymous sources familiar with the process who say that a mix of domestic and foreign private equity firms, family buyers and hotel operators are potentially in the running — including Bethesda's Marriott International Inc. (NASDAQ: MAR) and Tysons' Hilton Worldwide Holdings Inc. (NYSE: HLT).
The Washington, D.C., hotel market has always been a safe bet for developers because the nation’s capital can usually withstand any economic downturns or political upheaval. That is still true to some extent. Yet the Washington market struggled for a good part of 2019, based on key industry metrics, making it not so much of […]
Choice Hotels (CHH) banks on consistent expansion, acquisitions and franchise agreements to drive growth. However, higher cost of operations and intense competition are concerns.
There were few common threads in the way the hotel, airlines, and online travel sectors approached U.S. TV advertising in 2019, as their spending trends diverged widely. Among the three sectors, hotels was the only one to significantly hike U.S. national TV spend, according to estimates from television analytics firm iSpot.tv, while airlines cut their […]
Hilton Worldwide Holdings Inc. (NYSE:HLT) led the NYSE gainers with a relatively large price hike in the past couple...