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Mumford Company Closes Seven Transactions

Mumford Company Closes Seven Transactions

Newport News, Va.—Mumford Company, a full-service hospitality brokerage advisory firm, announced it has closed seven transactions involving properties across the United States in the last few weeks. The hotels—located from Montana to Virginia—all sold in individual transactions and represent a ...

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Hyatt Place Hotel Coming to Denver’s Peña Station NEXT

Hyatt Place Hotel Coming to Denver’s Peña Station NEXT

DENVER—Colorado-based real-estate investor and developer McWHINNEY has broken ground on a new 226-room, LEED Silver Hyatt Place hotel at Denver’s Peña Station NEXT. The hotel is scheduled to open in late 2019. Peña Station NEXT is a transit-oriented, mixed-use development ...

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Nevada’s First My Place Opens in North Las Vegas

Nevada’s First My Place Opens in North Las Vegas

LAS VEGAS—Extended-stay hotel brand My Place has opened Nevada’s first My Place Hotel in North Las Vegas, marking My Place’s 39th open location and its 20th state debut across the country. The company also recently opened a My Place Hotel ...

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IHG Grows its Americas Pipeline in Q1 2018

IHG Grows its Americas Pipeline in Q1 2018

InterContinental Hotels Group (IHG) today released its Q1 2018 Trading Update, reporting a 3.5 percent increase in global RevPAR and a 2.9 percent increase in RevPAR in the Americas. The company’s net system size growth is up 4.3 percent year-over-year ...

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