District Hospitality Partners Acquires the Westin Annapolis
BETHESDA, Maryland—District Hospitality Partners announced the acquisition of the Westin Annapolis. Located in historic downtown Annapolis, the 225-room property provides guests access to attractions,...
Whitestone Companies Acquires Five Hotels from KKR
Columbus, Ohio – Whitestone Companies, a real estate investment company based in Columbus, Ohio, announced the purchase of five hotels from KKR totaling 612...
OUTRIGGER Plans Kaua’i Beach Resort & Spa Acquisition
HONOLULU—OUTRIGGER Resorts & Hotels announced that it will be investing in its home market of Hawai‘i with a planned acquisition at Kaua‘i Beach Resort...
Procaccianti Companies Announces Acquisition of the Presidents’ Quarters
PROVIDENCE, Rhode Island—Procaccianti Companies announced the acquisition of the Presidents' Quarters and the development of the Sabal House Savannah. The project is a joint...
Shaner Hotels Announces Acquisition of Hampton Inn & Suites by Hilton Hershey
HERSHEY, Pennsylvania—Shaner Hotels announced the acquisition of the 86-room Hampton Inn & Suites by Hilton Hershey in Pennsylvania. Shaner also will operate the property...
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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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