Getting Assets in Gear: Checking In With CHMWarnick’s New COO, Chad Sorensen
Chad Sorensen, who in June became chief operating officer for the hotel asset management and owner advisory firm CHMWarnick, recently spoke to LODGING about...
Life House Secures $100 Million From Blue Flag for Continued Expansion
NEW YORK—Life House, the vertically-integrated hotel company with a growing collection of lifestyle boutique hotels, has secured $100 million in equity commitments (approximately $250-$300...
Deal Report: Three of the Latest Hotel Acquisitions
Blue Sky Hospitality Acquires Two Marriott Hotels
U.S. hotel owner/operator Blue Sky Hospitality (BSHS) has acquired the 220-room New Orleans Marriott Metairie at Lakeway, La.,...
STR: U.S. Hotels Report Positive Performance in May 2019
HENDERSONVILLE, Tennessee—The U.S. hotel industry reported positive results in three key performance metrics during May 2019, according to data from STR. In a year-over-year...
OYO Hotels To Invest $300 Million in U.S. Expansion
SAN FRANCISCO/NEW YORK—Hotel startup OYO Hotels & Homes announced plans to invest $300 million over the next few years to expand its presence in...