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RLJ Lodging Trust Acquires Hyatt Place D.C. for $68 Million

RLJ Lodging Trust Acquires Hyatt Place D.C. for $68 Million

WASHINGTON, D.C.—Atlanta-based Songy Highroads, LLC sold the 164-room Hyatt Place D.C./Downtown/K Street located in Washington, D.C., to RLJ Lodging Trust for $68 million. At approximately $415,000 per key, the sale sets a high-water mark for select-service hotels in the Washington, ...

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RLHC Unveils Red Lion Ridgewater Inn & Suites Polson

RLHC Unveils Red Lion Ridgewater Inn & Suites Polson

SPOKANE, Wash.—RLHC (Red Lion Hotels Corporation) today announced its new construction property, Red Lion Ridgewater Inn & Suites Polson in Montana, has officially opened. “We are filling rooms quickly with the height of the summer season in play at Flathead ...

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The Developing Story: Miami

The Developing Story: Miami

Miami has long been known for its white sand beaches, high-energy nightclubs, and Latin-infused culture. More recently, the Magic City has become even more captivating, from its burgeoning celebrity chef scene to its contemporary art boom. Leisure accounts for 75 ...

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Hilton’s Embassy Suites to Open on St. Kitts and Nevis

Hilton’s Embassy Suites to Open on St. Kitts and Nevis

MCLEAN, Va.—During the Caribbean Hotel & Resort Investment Summit (CHRIS) in Miami last week, Hilton Worldwide announced the signing of a franchise agreement with Caribbean-based Sterling Developments to build an Embassy Suites by Hilton hotel on the island of St. ...

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