Tag: hotel finance
Noble Investment Group Acquires a 14-Hotel Portfolio
ATLANTA—Noble Investment Group (Noble) announced the acquisition of a 14-hotel portfolio including Marriott, Hilton, and Hyatt-branded properties. Noble will invest in physical enhancements across...
Extended Stay Premier Suites Augusta Opens
CHARLOTTE, North Carolina—Extended Stay America announced the opening of the Extended Stay Premier Suites Augusta located in Augusta, Georgia. The property was developed by...
Maverick Hotels and Restaurants Adds Hyatt Rosemont O’Hare to Its Portfolio
CHICAGO—Maverick Hotels and Restaurants announced that it has added the Hyatt Rosemont O’Hare hotel in Rosemont, Illinois, to its portfolio of owned and managed...
Recovery Composition: Returning Group Demand Meets New Trend in Rate Premium
As industry recovery has progressed, the focus has been less on overall performance metrics and more on the detailed demand composition of recovery. Transient...
Marcus & Millichap Announces the Sale of Suburban Extended Stay Hotel Alamogordo
ALAMOGORDO, New Mexico—Marcus & Millichap announced the sale of Suburban Extended Stay Hotel Alamogordo, a 58-room hotel located in Alamogordo, New Mexico, according to...