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Pebblebrook to Sell Manhattan NYC for $217.5 Million

Pebblebrook to Sell Manhattan NYC for $217.5 Million

BETHESDA, Md.—Pebblebrook Hotel Trust today announced that it has executed a purchase and sale agreement to sell the 618-room, upper upscale, full-service Manhattan NYC in New York for $217.5 million to a third party. The sale of the Manhattan NYC ...

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Hunter Hotel Advisors Sells North Carolina Wingate

Hunter Hotel Advisors Sells North Carolina Wingate

ATLANTA—Hunter Hotel Advisors announced today that they represented BPR Properties, a hotel development and management company based in North Carolina, in the sale of the 81-room and suite Wingate by Wyndham Greensboro/High Point Airport, N.C. for an undisclosed amount. A ...

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First Hospitality Reopens Hampton Inn Bloomington

First Hospitality Reopens Hampton Inn Bloomington

ROSEMONT, Ill.—Rosemont, Ill.-based First Hospitality Group has announced the grand re-opening of the Hampton Inn Bloomington in Bloomington, Ind. following an extensive, $1.5 million-dollar renovation. FHG celebrated the occasion with a ribbon cutting last month. First Hospitality Group President and ...

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Home2 Suites Charlotte Douglas Airport Opens

Home2 Suites Charlotte Douglas Airport Opens

CHARLOTTE—Hendrick Construction completed the new Home2 Suites by Hilton adjacent to Charlotte Douglas Airport. Offering 107 suites, the hotel is designed for travelers looking for a fresh, new stay experience. “Early guest reviews have been exceptional,” said Roger Hendrick, president. ...

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Apple Leisure Group Signs 10 Deals in 10 Months

Apple Leisure Group Signs 10 Deals in 10 Months

PHILADELPHIA—Apple Leisure Group has reported that it has signed 10 resort deals over the last 10 months, growing the company’s resort brand management portfolio by 15 percent in less than one year. This follows a record-breaking 2015 for the company, ...

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Ashford Closes on SpringHill Suites Gaithersburg

Ashford Closes on SpringHill Suites Gaithersburg

DALLAS—Ashford Hospitality Trust has announced that it has closed on the sale of the 162-room SpringHill Suites Gaithersburg in Gaithersburg, Md. for approximately $13.2 million ($81,000 per key). The purchase price for the SpringHill Suites Gaithersburg represents a trailing 12-month ...

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