Marcus & Millichap Announces Sale of The Martinique Hotel
NEW YORK—Marcus & Millichap, a commercial real estate brokerage firm specializing in investment sales, financing, research, and advisory services, announced the sale of Martinique...
MGM Resorts International Reports Q1 2023 Financial Results
LAS VEGAS—MGM Resorts International reported financial results for the quarter ended March 31, 2023.
"MGM Resorts is executing across all of its geographies and channels...
Lobby, Please: The Exit of Hotel Profits
2020 kicked off with slight increases in both total revenues and gross operating profits, however, record industry highs quickly changed to record lows. Approximately...
Sandpiper Lodging Trust Completes Acquisition of Five WoodSpring Suites
RICHMOND, Virginia—Sandpiper Lodging Trust (SLT) announced that it completed the acquisition of five operating hotels from affiliates Sandpiper Hospitality III, LLC, and Sandpiper Hospitality...
Noble Investment Group Acquires a 14-Hotel Portfolio
ATLANTA—Noble Investment Group (Noble) announced the acquisition of a 14-hotel portfolio including Marriott, Hilton, and Hyatt-branded properties. Noble will invest in physical enhancements across...
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IHG Hotels & Resorts Implements Apple AirPlay at North American Hotels
NEW YORK—IHG Hotels & Resorts launched Apple AirPlay in the first phase of hotel rooms, giving guests the ability to stream content privately from...
Davidson Hospitality Group Recommits to Sustainability
ATLANTA, Georgia—Davidson Hospitality Group announced its renewed commitment to sustainability and conservational efforts through streamlined engineering management, strategic operational partnerships, food and beverage programs,...
Maverick Hotels and Restaurants Adds Two Properties to Managed Portfolio
BOSTON, Massachusetts—Maverick Hotels and Restaurants announced that it has added The York Beach Surf Club and The Sea Latch Inn, both located in York...
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