Deal Report: Seven Hotel Sale and Financing Announcements
KHP Capital Partners Closes $361 Million Hotel Investment Fund
KHP Capital Partners (KHP), a private real estate investment firm focused on acquiring and creating boutique...
New Hotel Supply and Strong Economy Influence Hotel Forecast
New hotel rooms coming onto the U.S. market shouldn’t be a concern for established hotel operators because demand will continue to exceed moderating new-supply...
R.D. Olson Construction Breaks Ground on AC Hotel Wailea in Hawaii
Irvine, Calif.—R.D. Olson Construction, a general contracting firm in California, announced the ground-up construction of AC Hotel Wailea, a 70,000-square-foot, four-story estate hotel located...
WoodSpring Suites Opens 250th Property in Portland, Oregon
ROCKVILLE, Md.—The WoodSpring Suites Portland North Gresham is now open. The new four-story, 122-room hotel is the brand's milestone 250th property and first hotel...
MJ Holdings and Roger Bloss To Launch Cannabis-Based Hotels
DESERT HOT SPRINGS, Calif.—Las Vegas-based MJ Holdings, Inc., a diversified publicly traded holding company providing complete seed-to-sale services to the regulated cannabis industry, announced...
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Controlling Utility Costs: Volatile Market Conditions Call for a Focus on Contracts and Energy...
Over the past four years, utility costs at U.S. hotels have increased at a pace greater than total operating revenue. As a result, utility...
The Bentley Hotel Southampton to Join JdV by Hyatt Brand
CHICAGO, Illinois—Hyatt Hotels Corporation announced The Bentley Hotel Southampton has officially joined the Hyatt portfolio as an affiliated hotel, in collaboration with Bijal Hospitality,...
Gale Miami Hotel and Residences Partners With Stayntouch
BETHESDA, Maryland—Stayntouch announced a new partnership with Gale Miami Hotel and Residences, a 51-story, 688-room hybrid apartment/hotel in downtown Miami, Florida, set to open...
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