In June, hotel management company Interstate Hotels & Resorts announced the launch of its Asia Investment Group. Conceived to aid Asian owners seeking to invest in U.S. and European hotels, the division’s portfolio has already grown to exceed 11,000 hotel ...
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Feed SubscriptionTop Five U.S. Hotel Construction Pipelines to Watch
Putting the right property in the right place can help maximize returns on hotel investments. Below are the top five U.S. cities for hotel construction pipelines, and what hotel owners and investors should watch for in these markets. 1. New York There ...
Read More »Avison Young Hospitality Group Announces Nine Closings
ATLANTA—The Avison Young Hospitality Group announced that it has brokered nine hotel transactions in June, including one full-service hotel and eight select-service hotels. Marriott, IHG, and Choice franchise systems were notable hotel brands that the hospitality group helped close. Assets ...
Read More »Young Families Are Spending, Traveling Despite Projected Slowdown
NEW YORK– In a year of projected slowdown for travel, young families in the so-called “Millennial” generation are going to spend more and travel more than all other generational segments according to MMGY Global’s Portrait of American Travelers survey. This ...
Read More »AHIP REIT Acquires 18 U.S. Hotels in the Northeast
VANCOUVER, B.C.–American Hotel Income Properties REIT LP (AHIP) announced that it has completed the $407.4 million acquisition of 18 branded Marriott and Hilton hotels with a total of 2,187 guestrooms. The targeted portfolio of hotels is concentrated in the Northeastern U.S. and ...
Read More »Smart Spending: Where and What To Invest
For the past several years, the hotel industry has enjoyed solid economics and record-setting growth following the difficult era of the Great Recession. Now, the tides are turning once more, and the industry is starting to show slower—but still steady—growth. ...
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