JLL: REIT M&A Volume Reaches Record Highs
CHICAGO—Outperforming expectations and driven both by strategic and private capital, 2021 has already been a record year for REIT M&A, which hit $108 billion...
STR: U.S. Weekly Hotel Performance Dipped
HENDERSONVILLE, Tennessee—U.S. hotel performance dipped from the previous week, according to STR‘s latest data through October 2, 2021.
U.S. Hotel Performance
September 26 through October 2,...
Sheraton Old San Juan Acquired by Driftwood Capital
MIAMI—Driftwood Capital, a vertically integrated commercial real estate investment, development, and lending platform for the hospitality industries, has acquired the Sheraton Old San Juan,...
Ambiente in Sedona, Arizona, to Open in December
SEDONA — Ambiente, a Landscape Hotel in Sedona, Arizona, is opening this December and local family developer Two Sister Bosses is offering a first...
The Godfrey Hotel Detroit Breaks Ground
DETROIT—Oxford Capital Group and Hunter Pasteur break ground on The Godfrey Hotel Detroit in historic Corktown, bringing a 227-room, lifestyle brand hotel with amenities,...
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An Inside Look at Mattresses: Delving Into the Technology Prior to Procurement
A high-quality mattress promotes the restful sleep that is one of the fundamental offerings of the hotel industry. But even top-tier mattresses eventually need...
Accor Releases Q1 2024 Results
The first quarter of 2024 demonstrated the hotel demand in all Accor Group regions and segments. Operating performance indicators (RevPAR and portfolio growth) are...
Hilton Garden Inn Atlanta East/Stonecrest Completes Renovation
STONECREST, Georgia—Artemis Hotel Group announced the completion of a full-scale renovation for the Hilton Garden Inn Atlanta East/Stonecrest, located in Lithonia, Georgia.
The 110-room property...
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