Real EstateAcquisitions


Holman Riverfront Park

The Holman Riverfront Park Hotel, Tapestry Collection by Hilton, Opens

SALEM, Oregon—Hilton announced the opening of the Holman Riverfront Park Hotel, Tapestry Collection by Hilton, in Salem, Oregon. The seven-story hotel, developed by Sturgeon...
u.s. hotel performance

STR: U.S. Weekly Hotel Performance Increases, Backed by Spring Break Travel

HENDERSONVILLE, Tennessee—Helped by spring break travel, U.S. hotel performance increased from the previous week, according to STR's latest data through March 18, 2023. U.S. Hotel...
16 hotels

NewcrestImage and Hospitality Capital Partners Acquire 16 Hotels in Joint Venture

In a joint venture, Dallas, Texas-based NewcrestImage and Phoenix, Arizona-based Hospitality Capital Partners (HCP) have acquired 16 hotels with a total of 2,155 rooms...
development and construction planning

IHG Shares Development Updates and Plans Future Growth

IHG Hotels & Resorts shared development momentum from 2022 and the start of the 2023 HUNTER Hotel Investment Conference in Atlanta, Georgia, by releasing...
BASK Development

Extended Stay America Enters Agreement for Eight New Properties With Bask Development

CHARLOTTE, North Carolina—Extended Stay America announced that it entered into an agreement with BASK Development for eight new Extended Stay America Premier Suites located...