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Why Chinese Investors Are Enticed by U.S. Hotels

Why Chinese Investors Are Enticed by U.S. Hotels

In the last five years, Chinese investors have poured billions of dollars into the U.S. real estate market. Amid concerns over economic uncertainty and a weakening currency, many Chinese investors continue to look overseas to diversify their portfolios. Given the ...

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Hawkeye Hotels Continues Expansion

Hawkeye Hotels Continues Expansion

CORALVILLE, Iowa—Hawkeye Hotels has announced it has recently acquired a portfolio from Carey Watermark Investors for an undisclosed amount. The portfolio consists of three institutional-grade Hilton hotels comprising 369 rooms in prime markets in Texas, Alabama, and Louisiana. This marks the ...

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Marriott Caps Off 2016 with Record Expansion

Marriott Caps Off 2016 with Record Expansion

Marriott International announced that 2016 represented the strongest year of rooms growth in its history. Marriott opened a record 55,000 rooms in 2016, excluding the 381,000 rooms gained with the Starwood acquisition. The combined company signed 880 new hotel deals, ...

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Vesta Hospitality Acquires Embassy Suites in Georgia

Vesta Hospitality Acquires Embassy Suites in Georgia

VANCOUVER, Washington—Vesta Hospitality announced today that it has acquired the Embassy Suites hotel located in Brunswick, Georgia. Rick Takach, Chairman and CEO of Vesta, made the announcement. Rood Investments was a partner in the acquisition. The 130-suite hotel offers convenient ...

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AmericInn Signs New Hotel in Redwood Falls, Minn.

AmericInn Signs New Hotel in Redwood Falls, Minn.

REDWOOD FALLS, Minn.—AmericInn, the largest mid-scale hotel brand in the upper Midwest, has announced that it is expanding into Redwood Falls, Minn. with the signing of a new AmericInn at 410 West Park Road in Redwood Falls, Minn. AmericInn Hotel ...

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