Legendary Capital Sponsors Fairfield Inn & Suites Denver Southwest Lakewood Acquisition
FARGO, North Dakota—Legendary Capital has sponsored the acquisition of the 142-room Fairfield Inn & Suites Denver Southwest Lakewood in a $19.4 million transaction. The...
Verakin Capital Completes Minority Investment in a Three-Hotel Portfolio
SAN MATEO, California—Officials of Verakin Capital announced that the company has completed a minority investment in a three-hotel portfolio at an undisclosed amount. This...
Making the Deal: How Market Conditions Will Impact Hotel Transactions in 2022
In the two years since the COVID-19 pandemic prompted shutdowns and a slowdown in business across the United States, hotel transaction volume has recovered...
JLL Hotels & Hospitality Retained to Recapitalize L.A. LIVE Hotels
LOS ANGELES — JLL’s Hotels & Hospitality Group announced that in contemplation of a major expansion of the J.W. Marriott hotel at L.A. LIVE,...
Repositioning for Recovery: Deciding Factors When Determining a Hotel Brand or Flag Change
COVID-19 has created a myriad of troubles for hotel owners—and sometimes trouble means opportunity. As the industry slowly rebounds, savvy owners may see this...
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Everhome Suites Continues Expansion With Three New Hotel Openings
NORTH BETHESDA, Maryland—Choice Hotels International, Inc. announced three hotel openings for its Everhome Suites brand in Huntsville, Alabama; Chandler, Arizona; and Temecula, California. Choice...
BWH Hotels Announces Partnership With United Soccer League
PHOENIX, Arizona—BWH Hotels (BWH) and the United Soccer League (USL) announced a partnership that will provide travel benefits and enhanced experiences for USL clubs,...
Olympia Hospitality and Suburban Capital Announce New Management Partnership
PORTLAND, Maine—Olympia Hospitality and Virginia Beach-based hotel owner and developer Suburban Capital have teamed up on a new management partnership that brings four new...
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