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Apple REIT merger creates 188-hotel REIT

Three Richmond-based real estate investment trust companies (REITs) are being merged into one, creating one of the largest REITs in the U.S. with 188...

R.D. Olson to Reposition LAX Office Building

IRVINE, Calif.—R.D. Olson Construction is commencing construction on a $44.5 million hotel project, the Residence Inn by Marriott at Los Angeles International Airport (LAX)...

Year-End Results Show Positive Industry Uptick

End-of-the-year earnings statements released by major hotel companies show that the industry ended 2013 on a positive note, with gains in RevPAR, occupancy, and...

Marriott Taking Over Health Club in Ocean City, Md.

Ocean City, Md., is experiencing a little boom in branded hotel development. A Hampton Inn opened in late 2012 at 43rd Street and a...

Marriott Opens 317 Room Hotel in Shanghai

SHANGHAI—Marriott International continues its expansion in China with the opening of the 317-room Shanghai Marriott Hotel Parkview, bringing the total number of properties...
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