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RLJ Lodging Trust to Acquire Hilton Cabana Miami Beach

RLJ Lodging Trust to Acquire Hilton Cabana Miami Beach

BETHESDA, Md.—RLJ Lodging Trust announced that it has entered into a purchase and sale agreement to acquire upon completion the 231-room Hilton Cabana Miami Beach for a fixed purchase price of $71.6 million, or approximately $310,000 per key. The property ...

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Signs of Life Overseas

Signs of Life Overseas

The European economy continues to struggle but there may be a recovery in sight for hotel development. The Europe construction project pipeline is down year-over-year by 5 percent yet shows a slight upward trend off the cyclical bottom of 697 ...

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DoubleTree by Hilton Opens Fourth Hotel in Baltimore Area

DoubleTree by Hilton Opens Fourth Hotel in Baltimore Area

MCLEAN, Virginia—DoubleTree by Hilton announced the opening of the newly renovated, upscale, full-service, 171-room DoubleTree by Hilton Hotel Baltimore North – Pikesville. Formerly a Hilton, the hotel is owned and operated by Pikesville Hotel Limited Partnership, a division of the ...

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