Sandpiper Lodging Trust Completes Acquisition of Five WoodSpring Suites
RICHMOND, Virginia—Sandpiper Lodging Trust (SLT) announced that it completed the acquisition of five operating hotels from affiliates Sandpiper Hospitality III, LLC, and Sandpiper Hospitality...
Mission Hill Hospitality Acquires Hanover Lebanon Courtyard by Marriott
DENVER, Colorado—Mission Hill Hospitality, a KSL Capital Partners portfolio company, announced it has acquired the Hanover Lebanon Courtyard by Marriott, a 124-key property located...
Delaware North Acquires Best Western Premier Grand Canyon Squire Inn
TUSAYAN, Arizona and BUFFALO, New York—Global hospitality and entertainment company Delaware North announced its continued expansion in the parks and lodging sector through the...
Legendary Capital Sponsors Holiday Inn Express & Suites Wichita Airport Acquisition
FARGO, North Dakota—Legendary Capital has sponsored the acquisition of the 84-room Holiday Inn Express & Suites Wichita Airport in a $ 7.4 million transaction....
Everwood Hospitality Partners Acquires La Quinta I Drive/Convention Center
ORLANDO, Florida—Officials of Everwood Hospitality Partners (EHP) announced the company has acquired the 184-room La Quinta I Drive/Convention Center hotel in Orlando, Florida, from...
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A Critical Eye on C-PACE Loans: 5 Hidden Expenses Borrowers Should Consider
First introduced in California in 2009, Commercial Property Assessed Clean Energy (C-PACE) programs offer long-term, fixed-rate loans that provide capital for improved energy and...
Royal Palm South Beach Miami Welcomes Pivot as Manager
ATLANTA, Georgia—Pivot, the lifestyle operating vertical of Davidson Hospitality Group, has been tapped by Park Hotels & Resorts to manage Royal Palm South Beach...
STR, TE Downgrade U.S. Hotel Forecast in Final Revision of 2024
NASHVILLE—STR and Tourism Economics downgraded the growth rate in the final U.S. hotel forecast revision of 2024.
For 2024, projected gains in average daily rate...
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