Distressed Hotels: A Good Deal?
Savvy investors constantly search for that really “good deal.” For the right purchaser, a distressed hotel may present this opportunity. Properties are distressed for...
Sandpiper Lodging Trust Acquires Two Candlewood Suites in South Carolina
RICHMOND, Va. — Sandpiper Lodging Trust (SLT) announced this week its acquisition of two Candlewood Suites hotels located in North Charleston and Bluffton, S.C.,...
Rodeway Inn in Loveland, Colorado, Sold for More Than $2.8 Million
LOVELAND, Colo. — Marcus & Millichap, a commercial real estate investment services firm with offices throughout the United States and Canada, recently announced the...
Dakota Mountain Lodge Homeowners Association Acquires Waldorf Astoria Park City
PARK CITY, Utah — Dakota Mountain Lodge Homeowners Association, a privately held hotel investment company, has acquired the 159-guestroom and suite Waldorf Astoria Park...
COVID-19 Drives U.S. Hotel Transaction Volume Down 74 Percent
BROOMFIELD, Colo. — U.S. hotel transactions declined 74 percent year-over-year from March to May 2020, according to the newly released Hotel Transaction Almanac produced...