GSA and Trump Organization Reach Deal on Old Post Office Lease
WASHINGTON, D.C.—The U.S. General Services Administration (GSA) announced it has completed negotiations with the Trump Organization on a 60-year lease agreement to redevelop and...
STR: U.S. Hotel Performance Falls Slightly With Labor Day Calendar Shift
HENDERSONVILLE, Tennessee—As expected with the Labor Day calendar shift, U.S. hotel performance fell slightly from the previous week and showed weakened comparisons with 2019,...
Kimpton Virgilio Opens as Brand’s First Boutique Hotel in Mexico City
MEXICO CITY—Kimpton Virgilio, Kimpton Hotels & Restaurants' first boutique hotel in Mexico City, has opened. Kimpton Virgilio delivers a balance between the operations of...
Pebblebrook Hotel Trust Closes the Sale of Hotel Spero
BETHESDA, Maryland—Pebblebrook Hotel Trust announced it closed on the sale of the 236-room Hotel Spero in San Francisco, California, for $71.0 million to a...
The Mogharebi Group Advises Portfolio Sale in Utah
The Mogharebi Group has advised a Utah-based private investor on the $8.9 million sale of a 156-key select-service hotel portfolio in Cedar City, Utah.
The...