Stockdale Capital Partners Acquires The Source Hotel
LOS ANGELES—Stockdale Capital Partners (Stockdale) announced that it acquired The Source hotel, along with an accompanying 300-stall parking garage and 17,000 square-foot surface parking...
Electra America Hospitality Group Acquires Former Loews Boston Hotel
BOSTON—JLL’s Hotels & Hospitality Group announced that it has closed the sale of and arranged acquisition financing for the former Loews Boston Hotel, a...
Mumford Company Announces Sale of Courtyard by Marriott in Cayce, South Carolina
NEWPORT NEWS, Virginia—Mumford Company represented an affiliate of Raines Co. in the recent sale of the Courtyard by Marriott in the Columbia suburb, Cayce,...
Mission Hill Hospitality Acquires the Oread Hotel
DENVER, Colorado—Mission Hill Hospitality announced it has acquired the Oread Hotel, a 102-key property adjacent to the University of Kansas in Lawrence. It will...
Noble Investment Group Acquires a 14-Hotel Portfolio
ATLANTA—Noble Investment Group (Noble) announced the acquisition of a 14-hotel portfolio including Marriott, Hilton, and Hyatt-branded properties. Noble will invest in physical enhancements across...
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Lodging Econometrics: U.S. Hotel Construction Pipeline Shows Robust Growth
As seen in the Q1 2024 U.S. Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), at the end of the first quarter, there...
Wyndham Hotels & Resorts Reports Q1 2024 Results
PARSIPPANY, New Jersey—Wyndham Hotels & Resorts announced results for the three months ended March 31, 2024. Highlights include:
Global RevPAR grew 1 percent in constant...
This Week’s Comings & Goings
Concord Hospitality announced the appointment of Will Loughran as its new chief operating officer. He will report to Mark Laport, president and CEO. He...
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