Home / Finance + Development / Finance (page 6)

Category Archives: Finance

Feed Subscription

LaSalle Hotel Properties Acquires Heathman Hotel in Portland

LaSalle Hotel Properties Acquires Heathman Hotel in Portland

BETHESDA, Md.—LaSalle Hotel Properties has acquired The Heathman Hotel in Portland, Ore., for $64.3 million. The company funded the acquisition with cash on hand. Surrounded by corporate and leisure demand generators, the 150-room hotel is located in downtown Portland among ...

Read More »

Pebblebrook Hotel Trust Acquires Union Station Hotel

Pebblebrook Hotel Trust Acquires Union Station Hotel

BETHESDA, Md.—Pebblebrook Hotel Trust has acquired Union Station Hotel, Autograph Collection for $52.3 million. The 125-room historic landmark hotel is located on Broadway, in the center of downtown Nashville, Tenn. The property will maintain its association with Marriott’s Autograph Collection ...

Read More »

PKF-HR Forecasts Broad-Based RevPAR Growth

PKF-HR Forecasts Broad-Based RevPAR Growth

ATLANTA, Ga.—All segments of the U.S. lodging industry will enjoy strong performance for the foreseeable future according to the recently released December 2014 edition of PKF Hospitality Research’s (PKF-HR) Hotel Horizons. Rising levels of employment, combined with increased geographic expansion ...

Read More »

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 ...

Read More »
Scroll To Top