The Trend Toward Mixed-Use Properties
Since Scott Gale founded Ventus Group in 2006, he has acquired and/or consulted on a broad array of properties, including residential, mixed-use, and commercial...
Driftwood Enters Atlanta Market With Three-Hotel Acquisition
ATLANTA — Driftwood Acquisitions and Development (DAD), a privately held investment firm specializing in the acquisition and development of quality hotel assets, announced its...
Sandpiper Forms Extended-Stay Hotel REIT: Sandpiper Lodging Trust
RICHMOND, Va.—Sandpiper, LLC—developer and operator of extended-stay hotels—has completed the formation of Sandpiper Lodging Trust (SLT). SLT is a privately held Maryland real estate...
Extended Stay America Sells 14 Hotels to Singerman Real Estate
CHARLOTTE, N.C.—Extended Stay America, Inc. and ESH Hospitality, Inc. announced the completed sale of 14 branded Extended Stay America hotels.
The portfolio of Extended Stay...
Driftwood Hospitality Management Adds Two Houston Properties To Portfolio
MIAMI, Fla. — Driftwood Hospitality Management (DHM), a North Palm Beach-based hotel management company, has purchased the 480-room Hilton Houston North and 390-room Marriott...
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Marriott Plans to Add 100 Properties in Europe Through 2026
From the International Hospitality Investment Forum in Berlin, Marriott International, Inc. announced plans to add nearly 100 properties and over 12,000 rooms to its...
Calling His Shots: Industry Veteran Kenneth Fearn Prioritizes Need for More Diverse Hotel Ownership
When Kenneth Fearn entered the lodging industry a couple of decades ago, many of the diversity and inclusion programs that now exist were just...
Cvent Passkey to Integrate With Maestro’s PMS Solution
TYSONS, Virginia—Cvent and Maestro PMS announced an integration between Cvent’s room block management system, Cvent Passkey, and Maestro’s leading all-in-one property management system solution....
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