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Carey Watermark Investors 2 Buys Renaissance Atlanta Midtown

Carey Watermark Investors 2 Buys Renaissance Atlanta Midtown

NEW YORK—Carey Watermark Investors 2 Incorporated (CWI 2) announced that it has acquired the Renaissance Atlanta Midtown Hotel. The 21-story, full-service property includes 304 guestrooms and is located in the diverse and growing Midtown submarket of Atlanta, Ga. High-quality asset: ...

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Pace of New Bookings Continues to Decline

Pace of New Bookings Continues to Decline

NEW YORK—Heading into the latter summer months, the pace of new bookings continues to decline, with new August reservation commitments falling -2.8 percent. However, committed occupancy and average daily rates (ADR) for the fourth quarter of 2016 are showing signs ...

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My Place Hotels Breaks Ground in Idaho

My Place Hotels Breaks Ground in Idaho

MERIDIAN, Idaho—My Place Hotels of America is thrilled to announce MP Meridian broke ground on their brand new My Place Hotel in Meridian, Idaho. The event represents yet another territorial landmark for the brand as Meridian is one of two ...

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Dream Nashville to Open in 2018

Dream Nashville to Open in 2018

NASHVILLE, Tenn.—Developed by 4PANT, in partnership with Dream Hotel Group, Dream Nashville will be a driving force in the ongoing restoration and revitalization of downtown Nashville. Located in Printers Alley at Fourth Avenue North, the 169-room hotel is expected to ...

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Need-to-Knows of Negotiating a Franchise Contract

Need-to-Knows of Negotiating a Franchise Contract

From area of protection and new construction fees to capital expenditure mandates, hoteliers have a lot of business issues to consider before signing a franchise agreement. Mitch Miller, principal at Palo Alto, Calif.-based Miller Law Group, offers the following advice ...

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IHG Opens EVEN Hotel in Downtown Brooklyn

IHG Opens EVEN Hotel in Downtown Brooklyn

ATLANTA—InterContinental Hotels Group today announces the opening of the EVEN Hotels brand’s fourth hotel and second New York City location, the 202-room flagship EVEN Hotels Brooklyn. Located in Downtown Brooklyn, the hotel is also adjacent to IHG’s Holiday Inn Brooklyn ...

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