Arbor Lodging Partners Acquires Six-Hotel Portfolio for $135 Million
CHICAGO—Chicago-based hotel investment and management company Arbor Lodging Partners announced today its $135 million acquisition of six hotels from Summit Hotel Properties. The portfolio...
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...
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...
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...
R.D. Olson Construction Breaks Ground on AC Hotel Wailea in Hawaii
Irvine, Calif.—R.D. Olson Construction, a general contracting firm in California, announced the ground-up construction of AC Hotel Wailea, a 70,000-square-foot, four-story estate hotel located...
WoodSpring Suites Opens 250th Property in Portland, Oregon
ROCKVILLE, Md.—The WoodSpring Suites Portland North Gresham is now open. The new four-story, 122-room hotel is the brand's milestone 250th property and first hotel...
Most Popular
AHLEI Adds Unconscious Bias Suite for Employees, Managers
CHICAGO—Welcoming all kinds of people is the heart of hospitality, so awareness of unconscious bias is necessary for hospitality operations to build a positive business...
These Hotel Companies Are Among the Best Large Employers for 2019
Forbes, in partnership with the research firm Statista, this week released its annual list of America's Best Large Employers for 2019. The firm compiled...
Homewood Suites by Hilton Dover Completes $2 Million Renovation
Dover, N.H.—The Homewood Suites by Hilton Dover recently completed a $2 million renovation to its 88-room, all-suite property. Led by Granite State Contract Furnishings,...
Our View
