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Fibra Inn to Acquire Hotel Marriott Real Puebla

Fibra Inn to Acquire Hotel Marriott Real Puebla

MONTERREY—Fibra Inn, a Mexican real estate investment trust specializing in the hotel industry, announced that it has signed an agreement for the purchase of the Marriott Real Puebla Hotel. The agreed price for this hotel was $27.8 million, excluding taxes ...

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Courtyard Unveils New Room Design

Courtyard Unveils New Room Design

Over the past few years, Courtyard by Marriott has been focused on reinventing the lobby space with its “Refreshing Business” plan. Now, with that program nearing completion, the brand is turning to the guestroom space. Marriott invested $1.5 million into ...

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Lightstone Value Plus REITs Buy Four Arkansas Hotels

Lightstone Value Plus REITs Buy Four Arkansas Hotels

NEW YORK—Lightstone Value Plus Real Estate Investment Trust (LVPR) and Lightstone Value Plus Real Estate Investment Trust II (LVPR II) announced the acquisition of four Marriott and Starwood hotels in Arkansas for $29.1 million. LVPR acquired the Marriott Fairfield Inn ...

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Residence Inn Takes Over Warehouse in Boston

Residence Inn Takes Over Warehouse in Boston

BOSTON—A new 120-suite Residence Inn by Marriott opened this week in downtown Boston’s Seaport District, transforming a six-story historic 1900s building into a modern-day hotel. The structure was once likely used for sugar and molasses warehousing. The Residence Inn Boston ...

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Ritz-Carlton Heading Back to Bali in 2014

Ritz-Carlton Heading Back to Bali in 2014

HONG KONG—The Ritz-Carlton Hotel Company is set to make a return to the island of Bali in 2014. The Ritz-Carlton, Bali is owned by PT Oriental Indah Bali Hotel Company and designed by architects and designers, Burega Farnell. It will ...

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