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Two-Property Hotel Portfolio Sold in Grapevine, Texas

GRAPEVINE, Texas–Marcus & Millichap, a commercial real estate investment services firm, has announced the sale of a two-property, 190-room hotel portfolio in Grapevine, Texas,...

Tru by Hilton Opens in Three States for the First Time

MCLEAN, Va.—Tru by Hilton expanded its footprint to three new states with its latest property openings in Garland, Texas, Farmville, Va., and Cedar Rapids,...

Best Western Premier Opens Historic Hotel in San Antonio

PHOENIX—Best Western Hotels & Resorts announced the latest addition to its Premier brand with the opening of the Best Western Premier Historic Travelers Hotel...

Report: Payroll Puts Pressure on U.S. Hotel Profit Performance

Full-service hotels in the U.S. recorded a 1.2 percent increase in GOPPAR in June 2017 and faced a 2.0 percent increase in labor costs...

DoubleTree by Hilton to Open in Lubbock, Texas

LUBBOCK, Texas–An investment group led by Travis Stribling of Q-505 LLC, has announced that it is moving forward with the redevelopment of a 140-room...
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