Holiday Inn Resort in Wrightsville Beach, North Carolina, Sold for $30.25 Million
WRIGHTSVILLE BEACH, N.C. — Marcus & Millichap, a commercial real estate brokerage firm specializing in investment sales, financing, research, and advisory services, recently announced...
Northview Hotel Group Acquires Jekyll Island Club Hotel
JEKYLL ISLAND, Ga.—Affiliates of Northview Hotel Group have announced the acquisition of a majority equity interest in the Jekyll Island Club Hotel, set on...
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...
Joint Venture Purchases Two Florida Properties
TAMPA, Florida – The Plasencia Group, a lodging investment advisory and consulting firm, represented Hobbs & Curry Family Limited Partnership in the sale of...
Residence Inn Durango Sold to Regional Owner/Operator
DURANGO, Colo. — Lodging Partners, LLC, a member of Hotel Brokers International, announced the 66-guestroom Residence Inn Durango in Colorado has sold to a...
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Controlling Utility Costs: Volatile Market Conditions Call for a Focus on Contracts and Energy...
Over the past four years, utility costs at U.S. hotels have increased at a pace greater than total operating revenue. As a result, utility...
The Bentley Hotel Southampton to Join JdV by Hyatt Brand
CHICAGO, Illinois—Hyatt Hotels Corporation announced The Bentley Hotel Southampton has officially joined the Hyatt portfolio as an affiliated hotel, in collaboration with Bijal Hospitality,...
Gale Miami Hotel and Residences Partners With Stayntouch
BETHESDA, Maryland—Stayntouch announced a new partnership with Gale Miami Hotel and Residences, a 51-story, 688-room hybrid apartment/hotel in downtown Miami, Florida, set to open...
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