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Home2 Suites Opens 100th Property

Home2 Suites Opens 100th Property

LA CROSSE, Wis. and MCLEAN, Va—Home2 Suites by Hilton marked a significant milestone in the brand’s development with the opening of its 100th hotel, Home2 Suites by Hilton La Crosse, in Downtown La Crosse, Wis., on July 19. Home2 has ...

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Davidson Hotels Acquires Atlanta Marriott Perimeter Center

Davidson Hotels Acquires Atlanta Marriott Perimeter Center

ATLANTA—Davidson Hotels & Resorts has announced the addition of the 341-room Atlanta Marriott Perimeter Center to its growing portfolio. Integrated Capital, a private real estate advisory and investment firm, which has acquired or developed assets with a total capitalization of ...

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Hyatt Centric Waikīkī Beach to Open This Winter

Hyatt Centric Waikīkī Beach to Open This Winter

HONOLULU—CoastWood Capital Group, Chartres Lodging Group, and KKR have announced plans to open Hyatt Centric Waikīkī Beach in the former Waikīkī Trade Center. The new hotel is slated to open this winter and will offer modern accommodations including 230 upscale, ...

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Chinese Travelers Show No Signs of Slowing

Chinese travelers are staying on the move. According to Hotel.com’s fifth annual Chinese International Travel Monitor, 92 percent of Chinese travelers plan to increase or at least maintain their current spending on travel. Approximately 120 million Chinese travelers visited overseas ...

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Lending Strong for Smaller Hotel Projects

In today’s lending environment, established developers with strong track records can still get financing for projects that cost less than $20 million, speakers said at the ALIS Summer Update. However, investments in the $150 million to $200 million range can ...

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In Response to Airbnb, Hotels Innovate

It is no secret that the hotel industry has its share of concerns about Airbnb and like-companies. But while Airbnb faces regulatory and ethical issues, it has also prompted hoteliers to respond to the competition by innovating the hotel model. ...

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