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Ashford Hospitality Trust Launches Spin-Off REIT

DALLAS—Ashford Hospitality Trust announced that the company’s Board of Directors approved a plan to spin-off an 80 percent ownership interest in an eight-hotel portfolio, totaling 3,146 rooms. Ashford Prime is expected to qualify as a real estate investment trust (REIT) ...

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Courtyard Hotel to Open in Killeen, Texas

KILLEEN, Texas—Courtyard by Marriott is rolling out its new lobby and room design in Killeen, Texas. This is the first Courtyard in the area featuring the Refreshing Business lobby environment, where guests can enjoy an open and flexible space with ...

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Courtyard by Marriott to Open First Hotel in Chile

Marriott International announced plans to open a new 200-room Courtyard by Marriott Hotel in Santiago in the fourth quarter of 2014, under an agreement with Falabella Group. “We like the concept and positioning of the Courtyard by Marriott brand, and ...

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