XSS Hotels Acquired Controlling Interest in Two Portland, Maine, Hotels
PORTLAND, Maine — XSS Hotels, the largest hotel developer in New England, has acquired a controlling interest in two properties in Portland, Maine, including...
The Grady Hotel Opened in Louisville, Kentucky
LOUISVILLE, Kentucky—The Grady Hotel, developed by Vision Hospitality Group and operated by Humanist Hospitality, a division of Vision, opened in Louisville. Located in the...
Savills Led the Sale of Two Bethany Beach Hotels
TYSONS, Virginia — Savills, a global commercial real estate advisory, represented Bethany Boardwalk Group LLC and Bethany Beach Ocean Inn, LLC in the disposition...
HREC Investment Advisors Arranges Sale of Lakeside Inn & Casino
DENVER and LAS VEGAS—HREC Investment Advisors has arranged the sale of the 124-guestroom Lakeside Inn & Casino located in Stateline, Nevada. The facilities include...
Aimbridge Will Assume Ownership of Grupo Hotelero Prisma
PLANO, Texas—Aimbridge Hospitality will assume ownership of Grupo Hotelero Prisma, the largest third-party operator in the Mexico market. With this acquisition, Aimbridge Hospitality will...
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Order in the Court: NLRB’s Proposed ‘Joint Employer’ Rule Has Been Blocked—For Now
The franchise business model is the greatest path for successful entrepreneurship in American history and has paved the way for tens of thousands of...
Ashford Hospitality Trust Closes on Hotel Sale, Gives Asset Update
DALLAS, Texas—Ashford Hospitality Trust, Inc. announced that it has closed on the sale of the 85-room Hampton Inn in Lawrenceville, Georgia for $8.1 million...
Lodging Econometrics: Dallas Continues to Lead U.S. Construction Pipeline
The recent U.S. Construction Pipeline Trend Report from Lodging Econometrics (LE) reported that, at the close of the first quarter, the top five markets...
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