JLL’s Hotels & Hospitality Group Closes the Sale of Two Fairfield Inn Properties
BOSTON—JLL’s Hotels & Hospitality Group announced that it has closed the sale of two Marriott-branded, select-service hotels in New England. The hotels include Fairfield...
Wolfgramm Capital Acquires Residence Inn by Marriott Shreveport Airport
SHREVEPORT, Louisiana—Wolfgramm Capital acquired the 78-room extended-stay Residence Inn by Marriott, according to Wolfgramm Capital's Co-Founder and CEO Phil Wolfgramm. Located near Shreveport regional...
Pebblebrook Hotel Trust Closes the Sale of Hotel Spero
BETHESDA, Maryland—Pebblebrook Hotel Trust announced it closed on the sale of the 236-room Hotel Spero in San Francisco, California, for $71.0 million to a...
Noble House Hotels & Resorts Acquires Partial Ownership of The Marquesa Hotel
Noble House Hotels & Resorts, Ltd. announced the acquisition of 50 percent ownership in The Marquesa Hotel and Café Marquesa in Key West, Florida....
Driftwood Capital Provides Financing for a 26-Hotel Portfolio Acquisition
MIAMI—Driftwood Capital provided financing to an institutional owner of hospitality assets across the United States (sponsor) for the acquisition of an economy, extended-stay hotel...
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Choice Hotels Publishes 2023 ESG Report
NORTH BETHESDA, Maryland—Choice Hotels International, Inc. published its 2023 Environmental, Social, and Governance Report. The report details Choice's latest initiatives to drive sustainability across...
World of Hyatt Platform Adds More Than 700 Properties From Mr & Mrs Smith
CHICAGO—Hyatt Hotels Corporation announced that World of Hyatt is offering members access to earn and redeem at a collection of more than 700 boutique...
Lodging Econometrics: U.S. Hotel Construction Pipeline Shows Robust Growth
As seen in the Q1 2024 U.S. Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), at the end of the first quarter, there...
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