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Hotel building

AHIP Sells 45 Economy Hotels for $215.5 Million To Focus on Premium-Branded Portfolio

VANCOUVER—American Hotel Income Properties REIT LP (AHIP) has agreed to sell its economy lodging portfolio of 45 hotel properties to an affiliate of VCM,...
Long Island Marriott, acquired by Blue Sky Hospitality

Deal Report: Three of the Latest Hotel Acquisitions

Blue Sky Hospitality Acquires Two Marriott Hotels U.S. hotel owner/operator Blue Sky Hospitality (BSHS) has acquired the 220-room New Orleans Marriott Metairie at Lakeway, La.,...
Courtyard by Marriott Springfield, Va.

HREC Arranges Sale of Courtyard by Marriott Springfield, Va.

DENVER—HREC Investment Advisors recently arranged the sale of the 191-guestroom Courtyard by Marriott Springfield in Springfield, Virginia—a hotel located immediately off I-95, just outside...
Tony Rodio

Caesars Entertainment Adds Tony Rodio as CEO, Creates Transaction Committee

LAS VEGAS—Caesars Entertainment Corporation today announced that its Board of Directors has named Tony Rodio as chief executive officer. Rodio, who is currently CEO...

Apple Hospitality REIT Sells Nine Hotels for $95 Million

RICHMOND, Va.—Apple Hospitality REIT recently announced that it completed a nine-hotel portfolio sale for a total sales price of $95 million on March 28,...