KJ Properties Sells Five-Hotel Portfolio for $36 Million
AUSTIN, Texas — Marcus & Millichap has announced the sale of a five-hotel portfolio in Texas and Oklahoma. The commercial real estate investment services...
This Week’s Deal Report: Red Lion Atlanta Airport, Bellagio, and More
RLH Corporation has closed on the sale of its Red Lion Airport Hotel Atlanta for $12.25 million in gross proceeds. The Red Lion Airport...
Hawkins Way Capital Acquires Copley Square Hotel in Boston
Beverly Hills, Calif. — Real estate investment firm Hawkins Way Capital recently announced the acquisition of Copley Square Hotel, a historic, 143-room property that...
Aspire Hospitality Acquires Fairfield Inn & Suites by Marriott Winchester
Newport News, Va. — Mumford Company, a full-service hotel advisory firm since 1978, recently completed the sale of the Fairfield Inn & Suites by...
This Week’s Hotel Deals and Financing News
Braemar Hotels & Resorts recently secured $80 million for the refinancing of Pier House Resort & Spa in Key West, Florida, and Sonnenblick-Eichner arranged...
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14 Hotel Companies Among 2019 Best Employers for Diversity
Fourteen hotel companies are among this year's Best Employers for Diversity, according to Forbes magazine. The list, which recognizes organizations for their commitment to...
How to Spot and Get Rid of Common Household Pests in Hotels
Running a business in the hospitality industry is a tough task, and when pests are added to the equation, it can get even more...
Five Markets With the Most Hotel Construction
Analysts at Lodging Econometrics recently reported the top five markets with the largest hotel construction pipelines for the third quarter of 2018. The number...
15 Women Moving Up Hospitality’s Career Ladder
Over the past few years, more and more women seem to be climbing to the top ranks of the hotel industry. This isn’t a coincidence—woman...