CBRE Hotels, a specialized team within CBRE, announced that it has arranged two recent sales in the Midwest—the sales of the 219-room Marriott West Des Moines in Iowa to Kinseth Hospitality and the 428-room DoubleTree by Hilton Hotel Chicago–Oak Brook ...
Read More »Tag Archives: real estate
Feed SubscriptionIncreased Chinese Investment in Real Estate May Trigger Scrutiny
Hoteliers do not generally think of their properties as having national security implications, and in most cases, they are right. However, increased Chinese investment in U.S. properties coupled with the Trump administration’s focus on direct foreign investment in U.S. and ...
Read More »La Quinta Files Real Estate Spin-Off—CorePoint Lodging
IRVING, Texas—La Quinta Holdings Inc. filed a Form 10 Registration Statement with the U.S. Securities and Exchange Commission for the planned separation of its real estate business, the newly-announced CorePoint Lodging Inc., from its franchise and management businesses, La Quinta. ...
Read More »Interstate’s Don Li Talks Asian Investment in U.S. Hotels
In June, hotel management company Interstate Hotels & Resorts announced the launch of its Asia Investment Group. Conceived to aid Asian owners seeking to invest in U.S. and European hotels, the division’s portfolio has already grown to exceed 11,000 hotel ...
Read More »Avison Young Hospitality Group Announces Nine Closings
ATLANTA—The Avison Young Hospitality Group announced that it has brokered nine hotel transactions in June, including one full-service hotel and eight select-service hotels. Marriott, IHG, and Choice franchise systems were notable hotel brands that the hospitality group helped close. Assets ...
Read More »Smart Spending: Where and What To Invest
For the past several years, the hotel industry has enjoyed solid economics and record-setting growth following the difficult era of the Great Recession. Now, the tides are turning once more, and the industry is starting to show slower—but still steady—growth. ...
Read More »