Average Selling Price Per Room on the Rise

The competition for properties in certain markets is heating up among buyers, as REITs and private equity groups with similar strategic objectives compete for...

Hyatt Announces Sale of 38 Select-Service Hotels

CHICAGO—Hyatt Hotels Corporation announced that Hyatt affiliates have agreed to sell 38 hotels to a company organized by Lone Star Funds for approximately $590...

Corporate Hotel Rate Negotiations 2015: Preliminary Outlook

Corporate contract rates are forecast to increase, with a national average of 5.5 to 6.5 percent for 2015, according to a trend analysis report...

RLJ Lodging Trust Acquires DoubleTree Grand Key Resort

BETHESDA, Md.—RLJ Lodging Trust has acquired the 215-room DoubleTree Grand Key Resort in Key West, Fla., for a purchase price of $77 million, or...

PMZ Realty Capital Secures $11.5 Million Loan for Historic New Orleans Hotels

PMZ Realty Capital LLC, a national boutique real estate investment-banking firm, announces it has secured a first mortgage refinance loan of $11.5 million for...
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