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Buyer’s Market

Last year was a quiet one for transactions considering all the factors that traditionally fuel lodging investments were the most favorable in years. In 2012, 1,342 hotels containing a total of 183,300 rooms changed ownership for an estimated total investment ...

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Ascend Hotel Collection Opens First Hotels in Baltimore

Ascend Hotel Collection Opens First Hotels in Baltimore

SILVER SPRING, Md.—Ascend Hotel Collection, part of Choice Hotels International, announced its debut in Baltimore with three boutique hotels in the waterfront neighborhoods of Inner Harbor and Fells Point. The properties—Inn at Henderson’s Wharf, Pier 5 and Admiral Fell Inn—expand ...

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IHG Announces New Holiday Inn Express Hotel in Oklahoma City

IHG Announces New Holiday Inn Express Hotel in Oklahoma City

ATLANTA—IHG (InterContinental Hotels Group) announced its newest hotel development for Oklahoma City, in Bricktown entertainment area. In partnership with NewcrestImage, the new-build Holiday Inn Express is expected to be completed by year end, with an anticipated opening of early 2014. ...

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