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Candlewood Suites McAlester

KJ Properties Sells Five-Hotel Portfolio for $36 Million

AUSTIN, Texas — Marcus & Millichap has announced the sale of a five-hotel portfolio in Texas and Oklahoma. The commercial real estate investment services...
Hotel investors

Hotel Investors Proceed With Caution as Economic Outlook Shifts

With low unemployment rates and higher incomes, travelers booked trips more confidently in 2019. As a result, hotels across the country performed better this...
Comings and Goings

This Week’s Comings and Goings

Radisson Hospitality AB, a member of Radisson Hotel Group’s global steering committee, has named Sergio Amodeo chief financial officer, beginning June 1. Amodeo was...
Comings and Goings

This Week’s Comings and Goings

Hard Rock International has named Rachel Mecca director of global travel industry sales. In this position, she will develop strategies and sales and marketing...
Ritz-Carlton NoMad

Deal Report: Five Hotel Sale and Financing Announcements

EB5 Capital Begins Funding New York City Ritz-Carlton EB5 Capital recently finalized and executed its $125 million preferred equity investment in Flag Luxury Group’s Ritz-Carlton...
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