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Ashford Prime Rebrands as Braemar Hotels & Resorts

Ashford Prime Rebrands as Braemar Hotels & Resorts

DALLAS—Ashford Hospitality Prime, Inc. today announced that it will change its name to Braemar Hotels & Resorts, Inc., trading under the New York Stock Exchange ticker symbol BHR, effective before the market opens on April 24, 2018. The REIT says that ...

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GreenTree Inn Opens Ninth U.S. Hotel in Pinetop, Arizona

GreenTree Inn Opens Ninth U.S. Hotel in Pinetop, Arizona

SCOTTSDALE, Ariz.—GreenTree Hospitality Group, Inc., recently opened its ninth GreenTree Inn location in the United States and seventh branded property in Arizona. The GreenTree Inn & Suites hotel in Pinetop, Arizona—formerly Holiday Inn Express Pinetop—is a 73-room property near the White ...

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Marcus & Millichap Report Forecasts Hospitality Investment for 2018

Marcus & Millichap Report Forecasts Hospitality Investment for 2018

Marcus & Millichap recently released its 2018 Hospitality North American Investment Forecast. The report highlights emerging trends that are impacting hospitality investments, regional metrics from the United States and Canada, and construction and occupancy predictions for each area. According to ...

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Investra Capital and HVMG Acquire 12-Hotel Portfolio

Investra Capital and HVMG Acquire 12-Hotel Portfolio

ATLANTA, Ga.—Hospitality Ventures Management Group (HVMG)—an Atlanta-based, private hotel investment, ownership, and management company—in conjunction with Investra Capital Group, Ltd., through its subsidiary Investra Capital Inc.—a private equity real estate investor and asset manager—completed a joint venture acquisition of a ...

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How The Cliff House Achieves High Occupancy Offseason

How The Cliff House Achieves High Occupancy Offseason

Literally built into the side of a coastal cliff overlooking the Atlantic Ocean in Ogunquit, Maine, The Cliff House resort thrives from April to November. The 70-acre property showcases the area’s natural beauty and offers outdoor escapes for guests, so ...

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