Los Angeles Hotel Rates to Reach Second-Highest Super Bowl Level
BROOMFIELD, Colorado—Hotel average daily rate (ADR) and revenue per available room (RevPAR) in the Los Angeles market are projected to reach the second-highest levels...
Marcus & Millichap Sells Five Properties in Texas and New Mexico
DALLAS — Marcus & Millichap announced the sale of a five-property, 603-room hotel portfolio located in Texas and New Mexico.
“All the assets were built...
STR: U.S. Hotel Performance Reflects Seasonal Levels
HENDERSONVILLE, Tennessee—Reflecting post-holiday seasonal performance levels, overall U.S. hotel performance fell from the previous week, according to STR's latest data through January 8, 2021.
U.S....
Turnstone Ventures Acquires The Shire Woodstock
WOODSTOCK, Vermont—Turnstone Ventures, a vertically-integrated real estate investment firm led by Jeff Glew, has acquired the 50-key The Shire Woodstock in Woodstock, Vermont. Turnstone...
Angevin & Co. and GBX Group Purchase The Whitney Hotel
NEW ORLEANS—Following the purchase of The Frenchmen Hotel in June 2021, entrepreneur Robert Thompson’s hospitality firm, Angevin & Co., in partnership with GBX Group,...