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Margaritaville Resort Heading to Hollywood, Fla.

Margaritaville Resort Heading to Hollywood, Fla.

MIAMI—A joint venture between Coastal Construction and Tishman Construction, an AECOM company, has been selected to manage the construction of the Margaritaville Hollywood Beach Resort, a new hotel and entertainment complex in Hollywood, Fla. “We have been working with Tishman ...

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Marcus and Millichap Closes 11 Hotel Transactions in July

Marcus and Millichap Closes 11 Hotel Transactions in July

CHICAGO—Marcus and Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, closed 11 hotel transactions in the month of July totaling more than $59 million. This represented a 29 percent increase in transaction volume and a ...

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Kempinski Opens Hotel in Taiyuan, China

Kempinski Opens Hotel in Taiyuan, China

TAIYUAN, CHINA—Kempinski unveiled its nineteenth mainland hotel this week in Taiyuan, China. It represents the first international five-star hotel in the city. Located in the center of the Dragon City, Kempinski Hotel Taiyuan is a hotel that blends European style ...

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Lubert-Adler Sells Two Hotels to Carey Watermark Investors

Lubert-Adler Sells Two Hotels to Carey Watermark Investors

PHILADELPHIA—Lubert-Adler of Philadelphia, Penn., has sold two hotels comprising 647 keys to New York City-based Carey Watermark Investors for a total of $156.6 million. The most recent sale, which closed this week, was the 400-room Marriott Raleigh City Center, which ...

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