Arbor Lodging Partners Acquires 12-Hotel Portfolio
CHICAGO — Chicago-based hotel investment and management company, Arbor Lodging Partners, has acquired a 12-hotel portfolio in a joint venture with GFH Financial Group...
JRK Property Holdings Acquires Five Marriott Hotels in Austin
Los Angeles — JRK Property Holdings has acquired a five-property Marriott hotel portfolio in Austin, Texas, from an affiliate of RLJ Lodging Trust—the debut...
Mumford Company Ends 2019 With Record Deal Volume
Newport News, Va. — Mumford Company, a full-service hospitality brokerage advisory firm since 1978, announced that the firm completed a record year in 2019,...
Renovated Embassy Suites Boca Raton Under New Ownership
BOCA RATON, Fla. — Marcus & Millichap, a commercial real estate investment services firm with offices throughout the United States and Canada, has announced...
Glacier House Sells Three Arizona Hotels for $80.1 Million
PHOENIX — Berkadia’s Hotels & Hospitality team completed the sale of three hotel properties in Arizona this past December totaling $80.1 million. Managing Director...
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Controlling Utility Costs: Volatile Market Conditions Call for a Focus on Contracts and Energy...
Over the past four years, utility costs at U.S. hotels have increased at a pace greater than total operating revenue. As a result, utility...
The Bentley Hotel Southampton to Join JdV by Hyatt Brand
CHICAGO, Illinois—Hyatt Hotels Corporation announced The Bentley Hotel Southampton has officially joined the Hyatt portfolio as an affiliated hotel, in collaboration with Bijal Hospitality,...
Gale Miami Hotel and Residences Partners With Stayntouch
BETHESDA, Maryland—Stayntouch announced a new partnership with Gale Miami Hotel and Residences, a 51-story, 688-room hybrid apartment/hotel in downtown Miami, Florida, set to open...
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