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Alliance Acquires Wyndham Glenview Suites Chicago North

Alliance Acquires Wyndham Glenview Suites Chicago North

GLENVIEW, Ill.—Alliance Hospitality announced it has acquired the Wyndham Glenview Suites Chicago North hotel, located in Glenview, Ill. Rolf Tweeten, chairman of the board for Alliance Hospitality, made the announcement. The property will undergo a multi-million dollar renovation as Alliance ...

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Apple Hospitality REIT Favors Steady Approach to Growth

Apple Hospitality REIT Favors Steady Approach to Growth

In February, Apple Hospitality REIT released its 2015 earnings report. To be brief, last year was a very good year for the company. Comparable revenue per available room (RevPAR) grew 6.5 percent, adjusted earnings before interest, taxes, depreciation, and amortization ...

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Midas Hospitality Acquires Courtyard Clemson

Midas Hospitality Acquires Courtyard Clemson

SAINT LOUIS, Mo.—An investment group led by Midas Hospitality has acquired the 110-room Courtyard by Marriott-Clemson, S.C. for $16.5 million. St. Louis-based hotel owner, operator, and developer, Midas Hospitality, will manage the asset. The Courtyard by Marriott—Clemson, S.C. is located ...

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The Developing Story: Houston

The Developing Story: Houston

Home to more than 3,000 energy-related businesses, Houston, Texas, is well-known for its role as a hub for energy production in the United States. However, this market can be extremely volatile, and is currently in the midst of a downturn ...

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Barcelona Edition to Debut in 2017

Barcelona Edition to Debut in 2017

NEW YORK—Marriott International, together with Ian Schrager and the owner and developer, KKH Property Investors, announced their plans to open a new property in Barcelona, Spain in 2017, The Barcelona Edition. Marriott International will manage the hotel under a long-term ...

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