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Hotel Theodore to Open Fall 2016

Hotel Theodore to Open Fall 2016

SEATTLE—A landmark will be reborn this fall when the Hotel Theodore opens in the heart of downtown Seattle. Located at the intersection of 7th Avenue and Pine Street, six blocks from the city’s legendary Pike Place Market, Hotel Theodore will ...

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Carlson Rezidor Signs Portland Hotel

Carlson Rezidor Signs Portland Hotel

MINNEAPOLIS—Carlson Rezidor Hotel Group has announced the signing of a new Radisson Red in Portland. This new-build hotel is expected to break ground this summer at the southwest corner of SW Broadway and SW Columbia Street and plans to open ...

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First Tru by Hilton Breaks Ground in Georgia

First Tru by Hilton Breaks Ground in Georgia

MCLEAN, Va.—Hilton Worldwide today broke ground on its very first Tru by Hilton property located in McDonough, Ga. The celebration marked the fastest brand announcement to groundbreaking in Hilton history, less than eight weeks after Tru’s public debut. Demonstrating Tru’s ...

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Starwood’s Element to Make Nashville Debut

Starwood’s Element to Make Nashville Debut

Starwood Hotels & Resorts Worldwide today announced its Element brand will debut in Nashville at oneC1TY, the health and mindful living-focused community west of downtown, in 2018. Owned by an affiliate of Cambridge Holdings, Element Nashville West End will feature ...

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Construction a Greater Threat to Lodging Sector CMBS Than Airbnb

Construction a Greater Threat to Lodging Sector CMBS Than Airbnb

NEW YORK—Supply-demand imbalance from over-building in the hotel sector poses a greater threat to U.S. traditional lodging sector fundamentals for hotels backing commercial mortgage-backed securities (CMBS) than peer-to-peer home renting platforms such as Airbnb, even as the latter continue to ...

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