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Ikona Hotel Opens Following Renovation

Ikona Hotel Opens Following Renovation

FORT LAUDERDALE, Fla.—Ikona Hotel, formerly the Shell Motel located at 3030 Bayshore Drive in Fort Lauderdale, Florida, announced today its opening its doors following a multi-million dollar renovation that simultaneously restored key features of the midcentury modern building while modernizing ...

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Apple Hospitality Completes Merger with Apple Ten

Apple Hospitality Completes Merger with Apple Ten

RICHMOND, Va.—Apple Hospitality REIT, Inc. has announced the completion of its previously announced merger with Apple REIT Ten. The combination with Apple Ten’s highly complementary portfolio of 56 hotels creates one of the largest upscale, select service lodging REITs in ...

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Tru by Hilton to Break Ground on 10 Properties

Tru by Hilton to Break Ground on 10 Properties

MCLEAN, Va.—Hilton Worldwide has kicked off a month of groundbreaking celebrations for its youngest and fastest-growing hotel brand in company history, Tru by Hilton. A ceremony in Lancaster, PA this week marked the first of ten groundbreakings Tru by Hilton ...

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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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