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Acquisitions

five full-service hotels

JLL Secures Financing for Five Full-Service Hotels Totaling 1,140 Keys

LOS ANGELES, California—JLL’s Hotels & Hospitality Group announced that it secured $153 million in senior financing for five full-service hotel properties, consisting of 1,140...
U.S. hotel performance

CoStar: U.S. Hotel Industry Reports Negative Year-Over-Year Performance

WASHINGTON—The U.S. hotel industry reported mostly negative year-over-year comparisons, according to CoStar's latest data through Sept. 14, 2024. U.S. Hotel PerformanceSeptember 8-14 2024 Percentage change...
AC Park City

Peachtree Group Acquires AC Hotel by Marriott in Park City, Utah

ATLANTA—Peachtree Group continued to build momentum with its sixth hotel acquisition of the year with the AC Hotel by Marriott in Park City, Utah,...
LaSalle Hotel

New Castle Hotels & Resorts Reopens LaSalle Hotel

RIDGEFIELD, Connecticut—Jeremy Buffam and Julian Buffam, partners at New Castle Hotels & Resorts (NCH), announced the reopening of the 55-room LaSalle Hotel in Bryan,...
Harrisonburg

Extended Stay America Premier Suites – Harrisonburg Opens

CHARLOTTE, North Carolina—Extended Stay America announced the opening of the Extended Stay America Premier Suites – Harrisonburg, located in Rockingham, Virginia. The property was...