RA Hospitality Holdings (Cayman) Announces the Signing of a $2 Billion Primary and Secondary Management Investment Round with OYO Hotels & Homes

OYO Hotels & Homes, the world's fastest-growing chain of hotels, homes and living spaces, today announced that in a landmark move, Founder & CEO, Ritesh Agarwal, through RA Hospitality Holdings (Cayman), has signed $2 billion primary and secondary management investment round, supported by global institutional banks and his financial partners, subject to regulatory and shareholder approvals.

U.S. Hotels Post Mostly Posititive YOY Results for Q2 2019

In the second quarter of 2019, U.S. hotel occupancy was mostly flat (-0.1% to 70%), but a 1.2% year-over-year ADR lift to $133.01 pushed RevPAR up 1.1% to $93.17.

Thompson Denver Hotel Breaks Ground

Hyatt Hotels Corporation (NYSE: H) has announced plans for Thompson Denver, the first Thompson Hotels property in the state of Colorado, expected to open in 2021.

INTELITY and BluIP Partner to Implement Phone Calls Through In-Room Tablets

The two companies deliver on hoteliers’ demand for an alternative to landline phones

Tribute Portfolio News

The Wick Hotel Opens in Hudson, New York
February, 13 2018
Tribute Portfolio, part of Marriott International, today announced its arrival in Hudson, New York with the opening of The Wick Hotel at 41 Cross Street. The original building was constructed in the mid-nineteenth century as a candle and soap manufacturing facility, before undergoing a transformation into a boutique hotel in the last year. continue reading →

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