Pacifica Hotels Acquires Best Western Seacliff Inn on California Coast
Orange County, Calif. — Pacifica Hotels, a family-owned business with a legacy of owning and operating boutique hotels in coastal communities, is expanding further...
Noble Investment Group Acquires New Haven Hotel at Yale University
ATLANTA — Noble Investment Group this week announced the acquisition of the New Haven Hotel at Yale University in downtown New Haven, Connecticut.
The commercial,...
AHIP Acquires 12-Hotel Portfolio for $191 Million
VANCOUVER — American Hotel Income Properties REIT LP (AHIP) has reached a definitive agreement to acquire a portfolio of 12 premium-branded hotels for $191...
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...
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Order in the Court: NLRB’s Proposed ‘Joint Employer’ Rule Has Been Blocked—For Now
The franchise business model is the greatest path for successful entrepreneurship in American history and has paved the way for tens of thousands of...
Ashford Hospitality Trust Closes on Hotel Sale, Gives Asset Update
DALLAS, Texas—Ashford Hospitality Trust, Inc. announced that it has closed on the sale of the 85-room Hampton Inn in Lawrenceville, Georgia for $8.1 million...
Lodging Econometrics: Dallas Continues to Lead U.S. Construction Pipeline
The recent U.S. Construction Pipeline Trend Report from Lodging Econometrics (LE) reported that, at the close of the first quarter, the top five markets...
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