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Lodging Staff

Lodging Staff
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Austin, Texas

CBRE Forecasts Growth for Austin Hotel Market

AUSTIN—In 2018, demand in the Austin hotel market remained steady, although it declined slightly from 2017, with an overall rise in average daily room rates, according to CBRE Hotels Research. Experts predict the market...
Comings and Goings

This Week’s Comings and Goings

Real estate investor and operator Waterton is welcoming Matt Mering as executive vice president, hospitality, and he will grow investment strategies, asset management, and investor relationships. Before Waterton, Mering was director of development for...
Hotel Weyanoke, Charlestowne

Charlestowne Assumes Management of Hotel Weyanoke in Virginia

Farmville, Va.—Charlestowne Hotels has added Hotel Weyanoke to its growing management portfolio. Located near Longwood University’s campus, the 70-room hotel recently underwent a $12 million renovation. The original structure houses 27 of the rooms...
Baker's Cay Resort Key Largo

Deal Report: Seven Hotel Sale and Financing Announcements

KHP Capital Partners Closes $361 Million Hotel Investment Fund KHP Capital Partners (KHP), a private real estate investment firm focused on acquiring and creating boutique and independent hotels, has closed on $361 million of commitments...
Construction pipeline

New Hotel Supply and Strong Economy Influence Hotel Forecast

New hotel rooms coming onto the U.S. market shouldn’t be a concern for established hotel operators because demand will continue to exceed moderating new-supply levels through 2019, according to the latest CBRE Hotel Horizons report. CBRE Hotels...
Brand USA's United Stories mobile content creation lab

Marriott Becomes Official Hotel Sponsor of Brand USA’s United Stories Campaign

WASHINGTON—Brand USA, the destination marketing organization for the United States, announced that Marriott International is the official hotel sponsor for United Stories. The sponsorship will help expand the global reach of the United Stories...
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