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Care Hotel Group

Care Hotel Group

Offering a rich blend of Economy extended-stay to upscale brands that fits into every hotelier’s portfolio SNAPSHOT: • Brands | Local Suites; Stay Express Hotels; Stay Express Inn & Suites; Stay Express Inn; Stay Express Suites (all franchising since 2015) • Franchise Fees ...

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Vagabond Inn Corp.

Vagabond Inn Corp.

A western U.S. midscale brand that offers affordable accommodations for business and leisure travelers SNAPSHOT: • Brands | Vagabond Inn; Vagabond Inn Executive (franchising since 1994) • Franchise Fees | Initial: $15,000; PMS/Training: $5,000; Royalty: 3.25% GRR; Marketing: 3.25% GRR • Number of Properties | 31 • Contact Information | Matt Dees, 214-562-5855, mdees@vagabondinn.com ...

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Rockbridge Acquires Hilton Garden Inn Nashville

Rockbridge Acquires Hilton Garden Inn Nashville

COLUMBUS, Ohio—Rockbridge announced the acquisition of the Hilton Garden Inn in the SoBro district of Nashville, Tennessee. The property is located on South Broadway in very close proximity to the Music City Center, Bridgestone Arena, Convention Center, and downtown entertainment ...

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Residence Inn Los Angeles Pasadena/Old Town Opens

Residence Inn Los Angeles Pasadena/Old Town Opens

PASADENA, Calif.—R.D. Olson Development, in partnership with Joseph Martelli Real Estate Investments, has opened the five-story, 144-room Residence Inn Los Angeles Pasadena/Old Town in Pasadena, Calif. Executives from R.D. Olson Development, Marriott International, and project general contractor R.D. Olson Construction ...

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U.S. Economy Grew 1.2 Percent in Q2

In the second quarter of 2016, the U.S. economy expanded less than anticipated at 1.2 percent. Economists initially predicted a 2.5 percent increase. However, Fed policymakers, who left interest rates unchanged earlier this week, said risks to the U.S. outlook ...

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Cleveland Rates Skyrocket During RNC

Cleveland hoteliers benefited hugely from the Republican National Convention. During the four-day event, room rates were driven to between $305 and $343, the highest the city has ever seen, according to STR. Occupancy rates additionally neared 100 percent. To read ...

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