frontier
Analysis-US Airlines See Stronger Profits as Airfare War Ends
October 31, 2024
By Rajesh Kumar Singh CHICAGO (Reuters) - U.S. airlines appear to have rediscovered their mojo, thanks to a sharp reduction in capacity that plagued the market this summer. Airfares have turned higher, and airline stocks are now outperforming the broader market. That improvement was one reason why American Airlines lifted its full-year profit forecast. It led to a surprise third-quarter profit at Southwest Airlines and has put Delta Air Lines on track to deliver one of the most profitable fourth quarters in its history. The NYSE Arca Airline index has gained 23% in the past three months, outpacing an 8% jump in the S&P 500 index....
Frontier Development & Hospitality Group LLC Acquires the Cambria Washington D.C. Downtown/Convention Center
Frontier Development & Hospitality Group | August 1, 2024
Washington, D.C. (August 1, 2024) – Frontier Development & Hospitality Group LLC and its joint venture partner Basis Investment Group announced today the acquisition of the Cambria Washington DC, Downtown/Convention Center, a 182-key hotel located at 899 O Street NW, Washington, D.C. 20001. The hotel has joined Hyatt's portfolio as Hyatt Washington DC / Convention Center and now participates in Hyatt's award-winning loyalty program, World of Hyatt loyalty, which allows members to have the opportunity to earn and redeem points on stays at the hotel and across the World of Hyatt portfolio. The hotel has also commenced a comprehensive pro...
Mark Morris Joins Frontier Development & Hospitality Group as Chief Investment Officer
Frontier Development & Hospitality Group LLC | October 9, 2020
Washington DC – October 9, 2020 – Frontier Development & Hospitality Group LLC, a hotel-focused acquisition, development, and asset management firm, announced today the appointment of Mark Morris as Chief Investment Officer. Morris has successfully structured and completed hotel sales transactions totaling more than $3.5 billion. He will utilize his extensive experience to direct Frontier’s investment and development focus, source direct and indirect investment opportunities, and grow and maintain Frontier’s capital and business relationships. “As the current pandemic has decimated our industry, we believe that strategic i...
Frontier Development & Hospitality Group LLC Acquires The Westin Baltimore Washington Airport – BWI for $34 Million
Frontier Development & Hospitality Group LLC | April 11, 2018
BALTIMORE, April 11, 2018 -- Frontier Development & Hospitality Group LLC today announced the closing on the purchase of The Westin Baltimore Washington Airport – BWI for $34 million. The 260-room hotel is located at 1110 Old Elkridge Landing Road, Linthicum Heights, MD. The hotel features 10,000 square feet of meeting space, a state-of-the-art fitness center and indoor pool, an executive club lounge, an outdoor bar/patio with fire pit, and 'The Luminous,' a contemporary American restaurant and bar. The hotel is conveniently located near Baltimore Washington International Airport with easy access to downtown Baltimore and Wash...
