Cedartree Hotels to Open First U.S. Property in Oregon
HILLSBORO, Ore. — Cedartree Hotels announced plans to open its first hotel in the United States in early 2021. The 120-room property will be...
Glacier House Sells Three Arizona Hotels for $80.1 Million
PHOENIX — Berkadia’s Hotels & Hospitality team completed the sale of three hotel properties in Arizona this past December totaling $80.1 million. Managing Director...
Stonebridge Expands in New Orleans With Le Méridien Acquisition
DENVER – Stonebridge Companies, a Denver-based, privately owned hotel owner, operator and developer, in partnership with an affiliate of Walton Street Capital, LLC, has...
MGP and Blackstone Form Joint Venture to Acquire MGM Grand and Mandalay Bay for...
LAS VEGAS — MGM Growth Properties LLC (MGP) and Blackstone Real Estate Income Trust, Inc. (BREIT) today announced that they have entered into a...
Savara Development Partners With Black Dog Salvage on Boutique Hotel in Roanoke, Va.
Roanoke, Va. — Savara Development LLC has announced the plans for a new boutique hotel in downtown Roanoke, Virginia, at the historic Liberty Trust...
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Accor to Eliminate Single-Use Plastics by 2022
This week, Accor announced its commitment to join the UN Global Tourism Plastics Initiative and to remove all single-use plastic items in guest experience...
This Week’s Comings and Goings
David Duncan has been appointed president and CEO of First Hospitality. Duncan has been an integral part of First Hospitality’s growth since he joined...
Wyndham Donates 1 Million Rewards Points to Polaris to Help Fight Human Trafficking
PARSIPPANY, N.J. — Wyndham Hotels & Resorts reinforced its commitment to help combat human trafficking at its first global Town Hall event of the...
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