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Hotel Equities Breaks Ground on Fairfield Inn in Texas

Hotel Equities Breaks Ground on Fairfield Inn in Texas

ATLANTA, Ga.—Atlanta-based Hotel Equities and Scenic Capital Advisors broke ground on the new-build Fairfield Inn & Suites by Marriott at 351 Market Center Drive in Terrell, Texas on April 7, 2016. Hotel Equities serves as the management company for the ...

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Sessa Sends Letter to Ashford Hospitality Prime Shareholders

Sessa Sends Letter to Ashford Hospitality Prime Shareholders

NEW YORK—Sessa Capital (Master), L.P. (Sessa), owner of 8.2 percent of the outstanding common shares of Ashford Hospitality Prime, Inc. (Ashford Prime or the company) today sent the following letter to Ashford Prime shareholders in response to the company’s termination ...

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Apple Hospitality REIT, Apple REIT Ten to Merge

Apple Hospitality REIT, Apple REIT Ten to Merge

RICHMOND, Va.—Apple Hospitality REIT, Inc. and Apple REIT Ten, Inc. (“Apple Ten”), collectively the “Pro Forma Combined Company,” announced today that the boards of directors of both companies have approved a definitive merger agreement under which the companies will create ...

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Conrad Hotels to Open in Qatar

Conrad Hotels to Open in Qatar

DOHA, Qatar—Conrad Hotels & Resorts, Hilton Worldwide’s luxury hotel portfolio, has announced the signing of a management agreement with Assets Real Estate Development Company for the 325 guestroom Conrad Doha, expected to open in early 2019. Carlos Khneisser, vice president ...

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New Lexington Hotel to Open in South Korea

New Lexington Hotel to Open in South Korea

CLEVELAND—Vantage Hotels’ Lexington brand continues to grow in South Korea with the addition of a 342-room new-construction project in Gangneung. The property, which is expected to open in December 2017, will be a full-service hotel and carry Vantage’s Value Hotel ...

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Boston Marathon Bumps Hotel Rates

Boston Marathon Bumps Hotel Rates

BOSTON—Distance runners and their accompanying cheerleaders who are looking for a hotel room in Boston for the marathon next Monday might have to spend a lot more than expected. According to a new survey conducted by BostonHotels.org, hotels are increasing ...

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