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ARC to Acquire Noble Portfolio for $300 Million

ARC to Acquire Noble Portfolio for $300 Million

American Realty Capital Hospitality Trust has agreed to acquire a portfolio of 13 hotels for a purchase price of $300 million from affiliates of Noble Investment Group. The Noble portfolio consists of 12 premium-branded select-service and extended-stay hotels and one ...

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Marriott’s Voyage Program Wins Top IMPACT Award

Marriott’s Voyage Program Wins Top IMPACT Award

BETHESDA, Md.—Marriott International’s Voyage Program received the top award at the 2015 WhatWorks Award Program at Bersin by Deloitte’s annual research conference, IMPACT 2015. Each year, Bersin recognizes organizations that have developed and implemented groundbreaking programs that drive significant business ...

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First Washington, D.C. Pod Hotel to Open in 2016

First Washington, D.C. Pod Hotel to Open in 2016

NEW YORK—The first Pod Hotel in Washington, D.C., Pod DC, will open fall 2016 in the Penn Quarter neighborhood. Following the model of BD Hotels’ Pod Hotels in NYC—Pod 51 and Pod 39—Pod DC will feature guest rooms and communal ...

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Historic Clinton Hotel Sells for $28.5 Million

Historic Clinton Hotel Sells for $28.5 Million

LLCs linked to Think Hotel Group have purchased The Clinton Hotel in Miami Beach. The $28.5 million sale was four times more than its last sale. According to The Real Deal, seller East Coast Realty Ventures paid $6.9 million for ...

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