DiamondRock Hospitality Acquires Shorebreak Hotel
BETHESDA, Md.—DiamondRock Hospitality Company (the Company) announced today that it recently acquired the Shorebreak Hotel (Hotel) in Huntington Beach, California, for a purchase price...
CBRE Arranges Sale of Marriott Downtown Des Moines
DES MOINES, Iowa—CBRE Hotels announced that it has arranged the sale of a 417-room Marriott in downtown Des Moines at 700 Grand Avenue in...
Fairmont San Francisco Interests Sell for $450 million
SAN FRANCISCO—The companies that own world renowned Fairmont San Francisco Hotel atop Nob Hill were sold for $450 million by a partnership between funds...
Braemar To Acquire The Ritz-Carlton Lake Tahoe for $120 Million
DALLAS—Braemar Hotels & Resorts Inc. has entered into a definitive agreement to acquire the 170-room Ritz-Carlton Lake Tahoe in Truckee, California. In addition, the...
Everwood Hospitality Partners Acquires Sheraton Suites Plantation
PLANTATION, Fla.—Everwood Hospitality Partners (EHP) has acquired the 263-suite Sheraton Suites Plantation in Broward County, Fla., for $24.66 million from PHF Plantation LP, an...
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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...
