HUNTER Brokers Sale of Hyatt Place Downtown Greenville
ATLANTA—Led by Senior Vice President Mayank Patel, Hunter Hotel Advisors represented Tara Investments in the sale of the Hyatt Place Downtown Greenville, South Carolina....
STR: U.S. ADR Reaches All-Time Weekly High
HENDERSONVILLE, Tennessee—U.S. hotel average daily rate (ADR) reached an all-time weekly high in the final week of 2021 leading into New Year's Day, according...
Marcus & Millichap Facilitates Sale of the Comfort Suites Abingdon
ABINGDON, Virginia—Marcus & Millichap, a commercial real estate brokerage firm specializing in investment sales, financing, research, and advisory services, announced the sale of Comfort...
STR: November 2021 U.S. Hotel Performance
HENDERSONVILLE, Tennessee—The U.S. hotel industry reported lower performance than October 2021 prior but better-indexed comparisons with 2019, according to November 2021 data from STR.
November...
Oxford Capital Group, LLC Acquires Westin Book Cadillac Detroit Hotel
CHICAGO—Continuing its national opportunistic investment activities, Oxford Capital Group, LLC announced the acquisition and planned full-scale interior renovation of the 453-room Westin Book Cadillac...
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Controlling Utility Costs: Volatile Market Conditions Call for a Focus on Contracts and Energy...
Over the past four years, utility costs at U.S. hotels have increased at a pace greater than total operating revenue. As a result, utility...
The Bentley Hotel Southampton to Join JdV by Hyatt Brand
CHICAGO, Illinois—Hyatt Hotels Corporation announced The Bentley Hotel Southampton has officially joined the Hyatt portfolio as an affiliated hotel, in collaboration with Bijal Hospitality,...
Gale Miami Hotel and Residences Partners With Stayntouch
BETHESDA, Maryland—Stayntouch announced a new partnership with Gale Miami Hotel and Residences, a 51-story, 688-room hybrid apartment/hotel in downtown Miami, Florida, set to open...
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