Room Mate Hotels Opens in Milan, Malaga

MADRID—Room Mate Hotels continues its rapid global expansion plans with the launches of two new boutique properties in Europe: Room Mate Giulia in Milan...

Marcus & Millichap Sells $58.2 Million Hampton Inn Nashville

NASHVILLE, Tenn.—Marcus & Millichap has announced the sale of the 154-room Hampton Inn & Suites in downtown Nashville. The $58.2 million sales price equates...

First Tru by Hilton Breaks Ground in Georgia

MCLEAN, Va.—Hilton Worldwide today broke ground on its very first Tru by Hilton property located in McDonough, Ga. The celebration marked the fastest brand...

Starwood’s Element to Make Nashville Debut

Starwood Hotels & Resorts Worldwide today announced its Element brand will debut in Nashville at oneC1TY, the health and mindful living-focused community west of...

Construction a Greater Threat to Lodging Sector CMBS Than Airbnb

NEW YORK—Supply-demand imbalance from over-building in the hotel sector poses a greater threat to U.S. traditional lodging sector fundamentals for hotels backing commercial mortgage-backed...
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Purchasing Management International (PMI) Acquires Pineapple Procurement

DALLAS, Texas—Purchasing Management International (PMI) announced the acquisition of certain interests of Pineapple Procurement. This strategic acquisition reinforces PMI’s continued growth. "Building Pineapple Procurement...
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HREC Arranges Sale of the Courtyard Marriott Tampa-Brandon, Fairfield Inn & Suites by Marriott...

DENVER, Colorado; TAMPA, Florida; ATLANTA, Georgia—HREC Investment Advisors announced that it has arranged the sale of the 93-guestroom Courtyard Tampa Brandon, and the 107-guestroom...
Courtyard by Marriott Spokane Downtown Convention Center

InnVentures Completes Renovation of Courtyard by Marriott Spokane Downtown Convention Center

Seattle, Washington—InnVentures announced the completion of a total renovation of Courtyard by Marriott Spokane Downtown Convention Center, including the exterior, interior, and guestrooms.  The renovations...
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