Tag: conversion
Driftwood Capital Begins Office Building Conversion Into Staybridge Suites
WILMINGTON, Delaware—Driftwood Capital, a vertically integrated commercial real estate investment, development, and lending platform specializing in hospitality, announces that it has begun construction on...
Behind the Conversion Trend
Attorney David Reina of Morris, Manning & Martin LLP’s Hospitality Practice already observes a clear uptick in acquisitions of distressed hotels for conversion into...
New York City Leads U.S. Hotel Construction Pipeline
PORTSMOUTH, N.H. — Lodging Econometrics (LE) released its latest U.S. Construction Pipeline Trend Report, which found that at the close of Q4 2020, New...
hihotels by Hospitality International Grew System in 2020 With 18 Signed or Activated Properties
ATLANTA — hihotels by Hospitality International, a company franchising conversion and new build hotels for economy lodging, today reported that it signed and/or activated...
Choice Adds 15 Hotels to MainStay Suites Portfolio
ROCKVILLE, Md. — Choice Hotels International, Inc., has awarded franchise agreements to Gulf Coast Hotel Management, Inc. to convert 15 MainStay Suites hotels in...