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WaterWalk Inks $150 Million Deal with Rockford Development

WaterWalk Inks $150 Million Deal with Rockford Development

WICHITA, Kan.—WaterWalk Hotel Apartments, Jack DeBoer’s fifth national brand, has executed an agreement with a Rockford Development Group venture, led by Paul Roberts of Rockford and hotel industry veteran Rob Mossburg, to initially develop eight WaterWalk franchises. The properties will ...

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Alliance Acquires Wyndham Glenview Suites Chicago North

Alliance Acquires Wyndham Glenview Suites Chicago North

GLENVIEW, Ill.—Alliance Hospitality announced it has acquired the Wyndham Glenview Suites Chicago North hotel, located in Glenview, Ill. Rolf Tweeten, chairman of the board for Alliance Hospitality, made the announcement. The property will undergo a multi-million dollar renovation as Alliance ...

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Apple Hospitality REIT Favors Steady Approach to Growth

Apple Hospitality REIT Favors Steady Approach to Growth

In February, Apple Hospitality REIT released its 2015 earnings report. To be brief, last year was a very good year for the company. Comparable revenue per available room (RevPAR) grew 6.5 percent, adjusted earnings before interest, taxes, depreciation, and amortization ...

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