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Hotel Market Insight: Baltimore

Hotel Market Insight: Baltimore

Compared with Mid-Atlantic sister cities such as Boston, New York, Philadelphia, and Washington, D.C., Baltimore’s pivotal role in America’s history—as well as its present—remains unsung. More than 300 years ago, the city was established as a major port of trade; ...

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Inland American Acquires Loews New Orleans

Inland American Acquires Loews New Orleans

OAK BROOK, Ill.—Inland American Lodging Group, a wholly owned subsidiary of Inland American Real Estate Trust, announced that it has acquired the 21-story, 285-room Loews New Orleans for a purchase price of $74.5 million, or approximately $261,000 per key. Loews ...

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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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