Blackstone and Starwood Capital Group Acquire Extended Stay America
CHARLOTTE, North Carolina—Extended Stay America, Inc. (ESA) and its paired-share REIT, ESH Hospitality, Inc. (ESH and, together with ESA, Extended Stay) announced the completion...
Deal Report: Daly Seven Acquires 40th Hotel, Hunter Hotel Advisors Completes Two Transactions, and...
Daly Seven Acquires 40th Hotel
Daly Seven, a family-owned hotel development and management company, recently acquired its 40th hotel—the Hilton Garden Inn Roanoke. The 80,000-square-foot,...
The Rising Cost of Money
Troubling events in the global economy—stock market volatility, weak growth in China, and plunging oil prices, among others—coupled with a moderate slowdown in industry...
The Online Real Estate Marketplace is Heating Up
Commercial real estate auctions are nothing new. For decades, brokers have attended auctions to bid on hotels and other property types. What’s relatively new,...
More Properties Able to Cover Their Interest Payments
Much has been written about how U.S. hotel owners and operators are profiting from the current strong lodging market conditions. Revenues have returned to...