STR: U.S. Hotel Occupancy Reaches Highest Level Since October 2019
HENDERSONVILLE, Tennessee—U.S. weekly hotel occupancy reached its highest level since October 2019, according to STR‘s latest data through July 17, 2021.
U.S. Hotel Performance
July 11-17,...
ALICE Acquired by Alpine Investors’ ASG From Expedia Group
NEW YORK, New York, & WALNUT CREEK, California—ASG, a portfolio company of Alpine Investors that buys, builds, and operates vertical SaaS companies, has acquired...
Island Resort in Fort Walton Beach Acquired by Rockbridge
COLUMBUS, Ohio—Rockbridge acquired the 331-room Island Resort in Fort Walton Beach, Florida, located on 11 acres of real estate with 600 feet of beach.
Rockbridge...
CBRE: U.S. Lodging Demand Will Return to Pre-Pandemic Levels by Q4 2023
DALLAS—Based on stronger than expected performance during the first quarter of 2021, plus encouraging economic and vaccination news, CBRE Hotels Research forecasts U.S. lodging...
Hotel Indigo Houston at the Galleria Acquired by Driftwood Capital
HOUSTON—Driftwood Capital, a vertically integrated commercial real estate investment, development, and lending platform specializing in hospitality, has acquired the Hotel Indigo Houston at the...
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Home2 Suites by Hilton Savannah Airport Sold by Hunter Hotel Advisors
Led by Mayank Patel, Hunter Hotel Advisors (HUNTER) represented BPR Properties in the sale of the Home2 Suites by Hilton Savannah Airport in Pooler,...
Preferred Hotels & Resorts Updates its I Prefer Hotel Rewards Program
NEW YORK—Preferred Hotel Group, which operates Preferred Hotels & Resorts and the newly launched Beyond Green, announced a series of updates to its I...
The Lodge at Sonoma, an Autograph Collection Hotel, Completes Renovation
SONOMA, California—In the heart of wine country, The Lodge at Sonoma, an Autograph Collection hotel, unveiled a property-wide transformation in the resort’s evolution. Through...
