Tag: Finance + Development
Choice Hotels Breaks Ground on Six Everhome Suites
NORTH BETHESDA, Maryland—Choice Hotels International, Inc. broke ground on five Everhome Suites in Amarillo, Bastrop, Brownsville, El Paso, and Waco, Texas; and one groundbreaking...
CBRE: Investors to Purchase More U.S. Commercial Real Estate in 2024
DALLAS—Investors are poised to purchase more U.S. commercial real estate in 2024 as they anticipate improved credit conditions as interest rates fall later this...
Sonesta ES Suites Plans Brand’s First Ground-Up Hotel
NEWTON, Massachusetts—Sonesta International Hotels Corporation announced plans for the construction of a new Sonesta ES Suites in Port Charlotte, Florida. This new property, expected...
Four Financial Changes That Impact the Hospitality Industry’s ‘New Normal’
In 2019, the United States enjoyed the unprecedented 11th year of economic growth since the “Great Recession.” Economists predicted an economic downturn; the only...
Fast-Growing Upscale Brand Arrives in the Motor City
Cambria Hotel Detroit Downtown | Detroit, Michigan
The third Cambria property open in Michigan and the 67th nationally, Choice Hotels International’s new Cambria Hotel Detroit Downtown is one...