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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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Residence Inn Hotel To Open In Little Rock, Ark.

Residence Inn Hotel To Open In Little Rock, Ark.

LITTLE ROCK, Ark.—The 107-suite Residence Inn by Marriott in Little Rock, Ark., is scheduled to open this week. The property will operate as a Marriott franchise, owned by McKibbon Hotel Group and managed by McKibbon Hotel Management of Tampa, Fla. ...

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AC Hotels by Marriott Coming to the Americas

AC Hotels by Marriott Coming to the Americas

BETHESDA, Md.–At the NYU International Hospitality Investment Conference in New York, Marriott International announced that it will import its design-focused AC Hotels by Marriott brand into the US and the rest of the Americas. AC Hotels by Marriott was launched ...

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