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StonePark Breaks Ground on California La Quinta

StonePark Breaks Ground on California La Quinta

IRVING, Texas—La Quinta Inns & Suites has announced that StonePark Capital broke ground on a 104-room La Quinta Inn & Suites in Morgan Hill, Calif. StonePark is one of the many franchise partners who have committed to building La Quinta’s ...

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Geller Investment Acquires Marriott Georgetown Hotel

Geller Investment Acquires Marriott Georgetown Hotel

CHICAGO—Geller Investment Co. and Wanxiang America Real Estate Group (WAREG), two Chicago-based companies, have announced their acquisition of the 470-room Washington Marriott Georgetown Hotel, which is now completed. “We are delighted to have acquired this centrally located Washington, D.C. property ...

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Starwood Opens Third Aloft in New York City

Starwood Opens Third Aloft in New York City

STAMFORD, Conn.—Starwood Hotels & Resorts Worldwide, Inc. has announced that Aloft, the innovative hotel brand for today’s hyper-connected global traveler, has expanded its New York City portfolio with the opening of its first Aloft hotel in the Financial District. Owned ...

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Margaritaville Goes Hollywood (Florida)

Margaritaville Goes Hollywood (Florida)

HOLLYWOOD, Fla.—The all-new Margaritaville Hollywood Beach Resort has opened its doors to the public. Set on the Hollywood Beach Broadwalk, the new-build 349-room resort offers guests the opportunity to enjoy an array of unique amenities, multiple diverse restaurant and bar ...

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Aloft Hotels Dives into Indiana Market

Aloft Hotels Dives into Indiana Market

STAMFORD, Conn.—Starwood Hotels & Resorts Worldwide, Inc. has announced it will introduce its rapidly expanding Aloft Hotels brand to South Bend, Ind., following a strategic conversion that will help accelerate the city’s downtown revitalization. Slated to open in January 2017, ...

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Chatham Acquires Hilton Garden Inn Marina del Rey

Chatham Acquires Hilton Garden Inn Marina del Rey

PALM BEACH, Fla.—Chatham Lodging Trust, a hotel real estate investment trust (REIT) focused on investing in upscale, extended-stay hotels and premium-branded, select-service hotels, today announced that it has acquired the 134-room Hilton Garden Inn Marina del Rey in Calif. for ...

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