Best Western’s Second GLō Opens in Lexington, Kentucky
PHOENIX—Best Western Hotels & Resorts has announced the arrival of GLō, its boutique hotel brand, in Lexington, Kentucky. This is the second GLō to...
Crescent Real Estate Acquires The Hotel at Avalon in Alpharetta, Georgia
FORT WORTH — Crescent Real Estate LLC recently announced that it acquired The Hotel at Avalon, a 330-room luxury hotel in the Metro Atlanta...
Chatham Lodging Completes Inland American Acquisitions
PALM BEACH, Fla.—Chatham Lodging Trust has completed the previously announced acquisition of a 52-hotel, 6,976-room portfolio from Inland American. The combined total purchase price...
Renaissance Makes Manhattan Debut
NEW YORK—Renaissance Hotels’ new U.S. flagship property, the Renaissance New York Midtown Hotel, which opened in Manhattan on March 21, 2016, caters to the...
STR: Phoenix RevPAR to Reach Second-Highest Super Bowl Weekend Level
HENDERSONVILLE, Tennessee—Phoenix’s hotel revenue per available room (RevPAR) is forecasted to reach $419 for February 10-12, which would be the second-highest level for a...