Market Boasts Near Perfect Conditions for Development
Favorable economic conditions, record-setting operating metrics, and a positive outlook for the next few years have combined to make this an opportune time for...
Driftwood and AGRE Acquire DoubleTree Suites by Hilton Hotel Columbus Downtown
NEW YORK—Driftwood Hospitality Management LLC, and a real estate investment fund managed and advised by affiliates of Apollo Global Real Estate Management L.P. (together...
Mandarin Oriental Opens New Hotel In Guangzhou
HONG KONG—Mandarin Oriental Hotel Group announced the opening of its first city hotel in China, Mandarin Oriental, Guangzhou.
Located above TaiKoo Hui, a 358,000...
Reservation Pace Declines as Headwinds Strengthen for Hotels
NEW YORK—The pace of new bookings is down this summer, with the business segment experiencing a -4.0 percent decline over the past 30 days....
The Setai Miami Beach Announces New Ownership
Miami Beach, Fla.—The Setai Miami Beach has announced new ownership by Nakash Holdings and the von Furstenberg family. Nakash Holdings is a privately held...
Dual-Branded Marriott Opens in San Diego
Designed by John Portman & Associates, BRIC Phase One, a dual-branded Marriott with a 253-key select service Springhill Suites hotel and a 147-key extended...
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AHLA Joins Mayor Garcetti, Peace Over Violence, and Local Advocates To Recognize Denim Day
LOS ANGELES—On Wednesday, the American Hotel and Lodging Association (AHLA) joined Los Angeles Mayor Eric Garcetti, Peace Over Violence, local leadership, survivors, and advocates...
Hotels Among America’s Best Midsize Employers for 2019
Forbes this week released its list of America's Best Midsize Employers. In collaboration with analytics firm Statista, Forbes selected the companies based on an...
This Week’s Deal Report
MCR Acquires Hilton Garden Inn Near Las Vegas
MCR has acquired the 139-room Hilton Garden Inn Las Vegas/Henderson. Located less than 15 minutes from McCarran...
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