Home / Author Archives: Lodging Staff (page 22)

Author Archives: Lodging Staff

Feed Subscription

DiamondRock Hospitality Acquires Shorebreak Hotel

DiamondRock Hospitality Acquires Shorebreak Hotel

BETHESDA, Md.—DiamondRock Hospitality Company (the Company) announced today that it recently acquired the Shorebreak Hotel (Hotel) in Huntington Beach, California, for a purchase price of $58.5 million. The purchase price represents a 12.8 multiple on 2015 forecasted Hotel earnings before ...

Read More »

Chesapeake Hospitality Appoints VP of Operations

Chesapeake Hospitality Appoints VP of Operations

GREENBELT, Md.—Chesapeake Hospitality has added hospitality industry veteran Tony Harber, who will serve as vice president of operations, to its expanding roster of hotel management professionals. Kim Sims, president of Chesapeake Hospitality, made the announcement. Harber joins Chesapeake after spending ...

Read More »

Lightstone to Invest $2 Billion in Hotel Projects

Lightstone to Invest $2 Billion in Hotel Projects

The Lightstone Group is committing $2 billion to developing and investing in select-service hotels, $1 billion of which it plans to spend on Moxy-branded properties, Bloomberg reports. The New York-based real estate company has teamed up with Marriott International to ...

Read More »

Choice Hotels Opened 478 Hotels in 2014

Choice Hotels Opened 478 Hotels in 2014

ROCKVILLE, Md.—Choice Hotels International opened 478 domestic and international properties in 2014. Choice’s outlook for future growth is also robust, based on the 566 new domestic franchise agreements signed by the company last year. Of those signed contracts, 159 were ...

Read More »
Scroll To Top