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LODGING Staff1

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acquisitions

Braintree Group Acquires Three Properties Totaling 330 Rooms

BOISE, Idaho—Braintree Group announced the acquisition of three properties, adding 330 rooms to its growing hospitality portfolio. Resolute Road Hospitality will manage all three assets. The properties include the Courtyard by Marriott Lehi at...

Marriott International Reports Q2 2023 Results

Marriott International, Inc. reported second-quarter 2023 results. Highlights include: Second quarter 2023 comparable systemwide constant dollar RevPAR increased 13.5 percent worldwide, 6.0 percent in the United States and Canada, and 39.1 percent in international markets,...
MCR

MCR Acquires Two Hotels in Phoenix, Arizona

NEW YORK—MCR has acquired two hotels in or near Phoenix, Arizona: the 169-room Holiday Inn Express & Suites Scottsdale – Old Town and the 121-room Hampton Inn by Hilton Phoenix-Biltmore. With the acquisition of...
Greg Friedman

Dimension Hospitality Appoints Greg Friedman as CEO

FORT LAUDERDALE, Florida—Dimension Hospitality announced the appointment of Greg Friedman as CEO following the sudden death of company founder Sam Friedman on July 2. Greg Friedman joined the company in 2000 as general counsel and...
JW Marriott Dallas Arts

JW Marriott Dallas Arts District Opens

The JW Marriott Dallas Arts District opened, marking the brand’s debut in the cultural arts scene in Dallas, Texas. The hotel is located near the Dallas Museum of Art, Nasher Sculpture Center, Crow Museum...