WoodSpring Suites Corona Breaks Ground
ROCKVILLE, Maryland—WoodSpring Suites continued its nationwide expansion with the groundbreaking of the WoodSpring Suites Corona. Located an hour south of Los Angles and expected...
Marcus & Millichap Announces Sale of Two-Property Hospitality Portfolio
DENTON, Texas—Marcus & Millichap announced the sale of a two-property, 180-room hospitality portfolio in Denton, Texas. The assets are an 88-room La Quinta Inn...
STR: U.S. Hotel Performance Lowers But Shows Improved Comparisons With 2019
HENDERSONVILLE, Tennessee—U.S. hotel performance came in lower than the previous week but showed improved comparisons to 2019 in part because of a favorable calendar...
RADCO Acquires DoubleTree by Hilton St. Augustine
ATLANTA, Georgia—The RADCO Companies has acquired the DoubleTree by Hilton in St. Augustine, Florida, a 97-key hotel located in the Historic District. Scott Stephens,...
Sonnenblick-Eichner Company Arranges Sale of Cannon’s Hotel Development Site
BEVERLY HILLS, California—Sonnenblick-Eichner Company has arranged the sale of the fee simple interest in the Cannon’s hotel development site in Dana Point, California. The...
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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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