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Chatham Lodging Expands with Denver Acquisition

Chatham Lodging Expands with Denver Acquisition

PALM BEACH, Fla.—Chatham Lodging Trust, a hotel real estate investment trust (REIT) focused on investing in upscale, extended-stay hotels and premium branded, select-service hotels, announced that it has acquired the 180-room Hilton Garden Inn Denver Tech Center for a purchase ...

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Hotel Market Insight: Cleveland

Hotel Market Insight: Cleveland

Cleveland’s population has suffered declines over the past decade, but industry abounds along the city’s Waterfront district and technology corridors. Leisure attractions that opened in 2012, including Ohio’s first casino and the Greater Cleveland Aquarium, are expected to draw hundreds ...

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Inland American Acquires Two Andaz Hotels

Inland American Acquires Two Andaz Hotels

OAK BROOK, Ill.—Inland American Lodging Group (“IALG”), a wholly owned subsidiary of Inland American Real Estate Trust (“Inland American”), and Hyatt Hotels Corporation announced that IALG has acquired a portfolio of two Andaz hotels for approximately $115 million. The hotels, ...

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