Shaner Hotels Announces Acquisition of Hampton Inn & Suites by Hilton Hershey
HERSHEY, Pennsylvania—Shaner Hotels announced the acquisition of the 86-room Hampton Inn & Suites by Hilton Hershey in Pennsylvania. Shaner also will operate the property...
Opportunistic Outlook: Mehul Patel on NewcrestImage’s Acquisition Strategy
In 2022, NewcrestImage acquired nearly 90 hotels. Managing Partner and CEO Mehul Patel expects to top that number in 2023. To date, the Dallas,...
Procaccianti Companies Acquires Newport Beach Hotel & Suites
PROVIDENCE, Rhode Island—Procaccianti Companies announced the acquisition of the Newport Beach Hotel & Suites.
The Newport Beach Hotels & Suites consists of two buildings, the...
Soul Community Planet Acquires Albion River Inn
LAGUNA BEACH, California—Soul Community Planet (SCP) announced the acquisition of the Albion River Inn, a boutique hotel located in Mendocino County on the Northern...
NewcrestImage and Hospitality Capital Partners Acquire 16 Hotels in Joint Venture
In a joint venture, Dallas, Texas-based NewcrestImage and Phoenix, Arizona-based Hospitality Capital Partners (HCP) have acquired 16 hotels with a total of 2,155 rooms...
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Choice Hotels Publishes 2023 ESG Report
NORTH BETHESDA, Maryland—Choice Hotels International, Inc. published its 2023 Environmental, Social, and Governance Report. The report details Choice's latest initiatives to drive sustainability across...
World of Hyatt Platform Adds More Than 700 Properties From Mr & Mrs Smith
CHICAGO—Hyatt Hotels Corporation announced that World of Hyatt is offering members access to earn and redeem at a collection of more than 700 boutique...
Lodging Econometrics: U.S. Hotel Construction Pipeline Shows Robust Growth
As seen in the Q1 2024 U.S. Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), at the end of the first quarter, there...
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