Mumford Company Announces Sale of Super 8 in Norton, Virginia
NEWPORT NEWS, Virginia—Mumford Company announced the sale of the Super 8 in Norton, Virginia, on behalf of Seller S&P Hotels. This is the fifth...
JLL’s Hotels & Hospitality Group Closes the Sale of Two Fairfield Inn Properties
BOSTON—JLL’s Hotels & Hospitality Group announced that it has closed the sale of two Marriott-branded, select-service hotels in New England. The hotels include Fairfield...
Pebblebrook Hotel Trust Closes the Sale of Hotel Spero
BETHESDA, Maryland—Pebblebrook Hotel Trust announced it closed on the sale of the 236-room Hotel Spero in San Francisco, California, for $71.0 million to a...
Driftwood Capital Provides Financing for a 26-Hotel Portfolio Acquisition
MIAMI—Driftwood Capital provided financing to an institutional owner of hospitality assets across the United States (sponsor) for the acquisition of an economy, extended-stay hotel...
Electra America Hospitality Group Acquires Former Loews Boston Hotel
BOSTON—JLL’s Hotels & Hospitality Group announced that it has closed the sale of and arranged acquisition financing for the former Loews Boston Hotel, a...
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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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