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Lodging Staff

Lodging Staff
New York City

sbe Moves New York Headquarters Following AccorHotels Investment

NEW YORK—Hospitality developer, manager, and operator sbe has announced that the company is moving its global headquarters to the heart of Soho in New York City to accommodate its growth. The office is located...
Ritz-Carlton Lake Tahoe Resort

Braemar To Acquire The Ritz-Carlton Lake Tahoe for $120 Million

DALLAS—Braemar Hotels & Resorts Inc. has entered into a definitive agreement to acquire the 170-room Ritz-Carlton Lake Tahoe in Truckee, California. In addition, the company is also acquiring a 3.4-acre plot of vacant land...
La Quinta Inn & Suites Opelika-Auburn, Ala.

La Quinta by Wyndham Opens Seven New Hotels in Q3 2018

PARSIPPANY, N.J.—Wyndham Hotels & Resorts bolstered its midscale offerings in the third quarter of 2018 with the opening of seven La Quinta hotels across the United States. The latest La Quinta additions in South Jordan...
Construction pipeline

These Hotel Brands Are Dominating the U.S. Construction Pipeline

According to the third quarter report by analysts at Lodging Econometrics, the three hotel franchise companies with the largest construction pipelines in the United States are Marriott International with 1,380 projects totaling 181,907 rooms,...
Radisson Hospitality

Jin Jiang Completes Radisson Hospitality Acquisition

Minneapolis—Today, a consortium led by Jin Jiang International Holdings Co., Ltd (Jin Jiang International) announced that it has completed the acquisition of Radisson Hospitality, Inc. In response to the announcement, John M. Kidd, chief executive...
Resident Inn Norfolk Downtown, Virginia

MCR and BLT Joint Venture Close $647.5 Million Portfolio Financing for 53 Hotels

NEW YORK—A joint venture of MCR and Building and Land Technology (BLT) has completed a $647.5 million financing across a 5,958-guestroom national portfolio of 53 Marriott and Hilton select-service and extended-stay hotels spanning 15...