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Group Reservation Pace Helps Bolster 2014 Hotel Performance

Group Reservation Pace Helps Bolster 2014 Hotel Performance

NEW YORK—Hotels in major North American markets showcased their resiliency as they experienced positive growth in both rate and occupancy across most travel segments despite the global Ebola health risk, according to data from the November 2014 TravelClick North American ...

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Chatham Lodging Completes Inland American Acquisitions

Chatham Lodging Completes Inland American Acquisitions

PALM BEACH, Fla.—Chatham Lodging Trust has completed the previously announced acquisition of a 52-hotel, 6,976-room portfolio from Inland American. The combined total purchase price was approximately $1.1 billion, before deal costs and funding of escrows. Chatham acquired four hotels as ...

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DiamondRock to Sell Los Angeles Airport Marriott

DiamondRock to Sell Los Angeles Airport Marriott

BETHESDA, Md.—DiamondRock Hospitality Company has entered into a purchase and sale agreement to sell the 1,004-room Los Angeles Airport Marriott. This transaction is the result of a reverse inquiry from the same buyer who purchased the Torrance Marriott from the ...

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