Home / Finance + Development (page 48)

Category Archives: Finance + Development

Feed Subscription

Deal Roundup: The Latest Sales and Acquisitions

Deal Roundup: The Latest Sales and Acquisitions

Earlier this month, HHM acquired the Best Western Tria in Cambridge, Mass. This acquisition further expands HHM’s private-investment platform and management footprint in the Boston market. The company plans to extensively renovate the 121-room property, with upgrades to the guestrooms, ...

Read More »

Choice Breaks Ground on Cambria Nashville

Choice Breaks Ground on Cambria Nashville

ROCKVILLE, Md.—Choice Hotels International, Fillmore Capital Partners, and Fillmore Hospitality hosted the official groundbreaking of the new Cambria Hotel & Suites in Nashville, Tenn. Located at 8th Avenue and McGavock Street in Nashville’s SoBro (South of Broadway) neighborhood, the 255-room ...

Read More »

The Developing Story: Denver

The Developing Story: Denver

Recently topping Forbes’s 2015 list of the Best Places for Businesses and Careers, Denver, Colo., is cementing its place as a major hub of the U.S. economy. The population of the Mile High City—a moniker coined because Denver’s official elevation ...

Read More »

Even Hotels Announces Three New Signings

Even Hotels Announces Three New Signings

ATLANTA—InterContinental Hotels Group (IHG), one of the world’s leading hotel companies, announces the continued growth of its Even Hotels brand, with signings in Pittsburgh, Houston, and Eugene, Ore. EVEN Hotels now has three open properties, including the 150-room, new-build flagship ...

Read More »

Digital and Mobile Channels Remain Driver of Bookings

Digital and Mobile Channels Remain Driver of Bookings

NEW YORK—Hotel industry performance remains strong, with Q4 2015 revenue per available room (RevPAR) increasing 4.0 percent year-over-year, and online and mobile bookings are continuing to drive this growth. According to data from TravelClick’s North American Distribution Review (NADR; Q1 ...

Read More »

Hospitality Trends Investors Need to Track in 2016

Hospitality Trends Investors Need to Track in 2016

Despite choppy growth, the current business cycle has lasted longer than average, surpassing 78 months. In 2014 and 2015, the economic growth rate was about 2.4 percent, and it’s expected to fall within the 2 to 2.5 percent range this ...

Read More »
Scroll To Top