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La Quinta-Wyndham Merger Expected at the End of May

La Quinta-Wyndham Merger Expected at the End of May

IRVING, Texas—La Quinta Holdings Inc.’s Board of Directors has approved the spin-off of CorePoint Lodging in connection with previously announced plans to merge with Wyndham Worldwide. The board approved the distribution to its stockholders of all of the outstanding shares ...

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10 Lodging Investment Trends and Challenges in 2018

10 Lodging Investment Trends and Challenges in 2018

The Lodging Industry Investment Council (LIIC) released its annual survey of the think tank’s members and developed a list from the results that highlight major hotel investment opportunities and challenges for the coming year. More than half of the hotel ...

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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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