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Buyer’s Market

Last year was a quiet one for transactions considering all the factors that traditionally fuel lodging investments were the most favorable in years. In 2012, 1,342 hotels containing a total of 183,300 rooms changed ownership for an estimated total investment ...

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IHG Announces New Holiday Inn Express Hotel in Oklahoma City

IHG Announces New Holiday Inn Express Hotel in Oklahoma City

ATLANTA—IHG (InterContinental Hotels Group) announced its newest hotel development for Oklahoma City, in Bricktown entertainment area. In partnership with NewcrestImage, the new-build Holiday Inn Express is expected to be completed by year end, with an anticipated opening of early 2014. ...

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New Independent Boutique Hotel to Open in Calabasas

New Independent Boutique Hotel to Open in Calabasas

CALABASAS, Calif.—With the completion of a $6 million renovation this spring, The Anza – A Calabasas Hotel will open as the first independent boutique property in Calabasas, Calif. The hotel’s extensive renovation will touch every inch of the building’s interior ...

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Home2 Suites by Hilton Opens Third Property in Maryland

Home2 Suites by Hilton Opens Third Property in Maryland

MCLEAN, Va.—Home2 Suites by Hilton announced the opening of its 17th U.S. hotel, the Home2 Suites by Hilton Baltimore/White Marsh. The first guest to check-in today received a Home2 welcome gift basket. “Baltimore’s strong business climate, along with progressive communities ...

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