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Preferred Hotels Joins Forces with UnionPay International

Preferred Hotels Joins Forces with UnionPay International

CHICAGO—Today, Preferred Hotels & Resorts entered into a global partnership with UnionPay International as part of its continuous campaign to court the booming Chinese outbound market by making it easier for travelers to consume the independent hotel experience. Effective through ...

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CWI 2 Acquires San Diego Marriott La Jolla

CWI 2 Acquires San Diego Marriott La Jolla

NEW YORK—Carey Watermark Investors 2 Incorporated (CWI 2), a non-traded real estate investment trust (REIT) focused on investing in lodging and lodging-related properties, announced that it has acquired San Diego Marriott La Jolla. The hotel includes 372 guestrooms and is ...

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Philly Ready to Host Democratic National Convention

Philly Ready to Host Democratic National Convention

An estimated 50,000 people will descend upon the Democratic National Convention (DNC) from July 25 to 28 in Philadelphia. The event is expected to cost the City of Brotherly Love around $60 million, but the city is expecting major returns—to ...

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Home2 Suites Opens 100th Property

Home2 Suites Opens 100th Property

LA CROSSE, Wis. and MCLEAN, Va.—Home2 Suites by Hilton marked a significant milestone in the brand’s development with the opening of its 100th hotel, Home2 Suites by Hilton La Crosse, in Downtown La Crosse, Wis., on July 19. Home2 has ...

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Davidson Hotels Acquires Atlanta Marriott Perimeter Center

Davidson Hotels Acquires Atlanta Marriott Perimeter Center

ATLANTA—Davidson Hotels & Resorts has announced the addition of the 341-room Atlanta Marriott Perimeter Center to its growing portfolio. Integrated Capital, a private real estate advisory and investment firm, which has acquired or developed assets with a total capitalization of ...

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Hyatt Centric Waikīkī Beach to Open This Winter

Hyatt Centric Waikīkī Beach to Open This Winter

HONOLULU—CoastWood Capital Group, Chartres Lodging Group, and KKR have announced plans to open Hyatt Centric Waikīkī Beach in the former Waikīkī Trade Center. The new hotel is slated to open this winter and will offer modern accommodations including 230 upscale, ...

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