OUTRIGGER Plans Acquisition of Kā‘anapali Beach Hotel
HONOLULU—OUTRIGGER Hospitality Group announced its plans to acquire Kā‘anapali Beach Hotel, a beachfront resort on the island of Maui. It is located on Kā‘anapali...
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...
JLL Capital Markets Arranges Acquisition Financing for St. Regis Chicago
CHICAGO—JLL Capital Markets announced that it arranged $76 million in acquisition financing for the St. Regis Chicago, a 192-key hotel. JLL represented the borrowers,...
Pebblebrook Hotel Trust Closes Sale of Hotel Monaco Seattle
BETHESDA, Maryland—Pebblebrook Hotel Trust announced that it closed on the sale of the 189-room Hotel Monaco Seattle in Seattle, Washington, for $63.3 million to...
Hodges Ward Elliott Arranges Sale of Marriott Saddle Brook
SADDLE BROOK, New Jersey—Hodges Ward Elliott arranged the sale of the Marriott Saddle Brook, a 241-key asset located in the township of Saddle Brook,...
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An Inside Look at Mattresses: Delving Into the Technology Prior to Procurement
A high-quality mattress promotes the restful sleep that is one of the fundamental offerings of the hotel industry. But even top-tier mattresses eventually need...
Accor Releases Q1 2024 Results
The first quarter of 2024 demonstrated the hotel demand in all Accor Group regions and segments. Operating performance indicators (RevPAR and portfolio growth) are...
Hilton Garden Inn Atlanta East/Stonecrest Completes Renovation
STONECREST, Georgia—Artemis Hotel Group announced the completion of a full-scale renovation for the Hilton Garden Inn Atlanta East/Stonecrest, located in Lithonia, Georgia.
The 110-room property...
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