Tag: finance
Sandpiper Lodging Trust Completes Acquisition of Five WoodSpring Suites
RICHMOND, Virginia—Sandpiper Lodging Trust (SLT) announced that it completed the acquisition of five operating hotels from affiliates Sandpiper Hospitality III, LLC, and Sandpiper Hospitality...
Baird/STR Hotel Stock Index Ended 2022 15 Percent Down
HENDERSONVILLE, Tennessee, and MILWAUKEE—The Baird/STR Hotel Stock Index dropped 10 percent in December to a level of 4,885. For 2022 as a whole, the...
Hilton Motif Seattle Opens
SEATTLE—Hilton announced the opening of the 319-room Hilton Motif Seattle. The hotel, formerly Motif Seattle, is located in the downtown area, offering a rooftop...
JLL Capital Markets Closes Sale of Courtyard in South Boston
BOSTON—JLL Capital Markets announced today that it has closed the sale of Courtyard Boston South Boston, a 164-key select-service hotel in Boston, Massachusetts. JLL...
Nobu Hospitality Continues Growth With Multiple Hotel Openings in 2023
NEW YORK—Nobu Hospitality will open multiple new hotels in 2023, including Rome, Marrakech, Atlantic City, San Sebastián, and Toronto. With recent announcements of Bangkok...