30-07-2025
Hotel Equities Founder Announces Retirement
The DJIA fell 205 points while the NASDAQ was down 80, the S&P 500 fell 19 points, and the 10-year treasury yield was down .09 to 4.33%. Lodging stocks were modestly lower.
Embassy Suites by Hilton Gulf Shores Beach Resort officially opened in Gulf Shores, Alabama. Developed by Peachtree Group, Woodbine Development Corporation, and DD Partners LLC, the eight-story hotel features 257 suites; Sound Wave, the signature open-air venue perched above the beach; The Cove Bar; Tide & Table; 13,620 square feet of enclosed meeting and pre-function space; a three-story parking garage and more than 7,600 square feet of retail space. Embassy Suites Gulf Shores will be managed by Peachtree Group's hospitality division.
Wealth Hospitality Group, in partnership with SunHoldings, Inc., is scheduled to break ground on a new Homewood Suites by Hilton in Celebration on Monday morning. The new hotel will feature