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Hilton Adelaide Hotel Changes Hands After 30 Years, Bought by Amora Hotels & Resorts
2025-03-13 18:52:22| Hotel Resource
Amora Hotels & Resorts, a family&run hospitality group, has successfully purchased the Hilton Adelaide. This comes after an open&market campaign attracting domestic and international interest from private and institutional investors.
Category:
Hospitality
LATEST NEWS
Pendry Hotels & Resorts Partners with SomeraRoad and Trestle Studios for New Nashville Luxury Hotel and Residences
2025-03-13 17:52:06| Hotel Resource
Pendry Hotels & Resorts announces its partnership with SomeraRoad and Trestle Studios to establish Pendry Nashville and Pendry Residences Nashville in the growing Paseo South Gulch district. The hotel is expected to break ground immediately and open in 2027.
Category:
Hospitality
U.S. Hotel Industry Records Mixed Results during the First Week of March 2025
2025-03-13 17:46:29| Hotel Resource
The reported occupancy rate was 62.4%, showing a minor dip of 1.4% from the same week in 2024. The average daily rate (ADR), however, increased by 2.1% to reach $160.53, while revenue per available room (RevPAR) also saw a slight increase of 0.6%, amounting to $100.11.
Category:
Hospitality