Apple Hospitality REIT Acquires SpringHill Suites Las Vegas Convention Center
RICHMOND, Virginia—Apple Hospitality REIT, Inc. announced the acquisition of the 299-room SpringHill Suites by Marriott Las Vegas Convention Center for approximately $75 million, or...
Berkadia Refinances WoodSpring Suites Charlotte – University Research Park
CHARLOTTE, North Carolina—Berkadia announced the refinancing of WoodSpring Suites Charlotte – University Research Park, a 122-key, extended-stay hotel in Charlotte, North Carolina. Managing Director...
CBRE Releases 2024 U.S. Real Estate Outlook
DALLAS, Texas—CBRE foresees economic growth slowing in 2024, though a recession may be avoided and real estate transaction values will decline further, creating compelling...
Stonebridge Cos. Acquires a Five-Property Portfolio
DENVER—Stonebridge Cos. acquired a five-property, approximately 1,200 key hotel portfolio spanning the United States in late November.
“Our closing of this transaction was especially rewarding...
APF Arranges Acquisition Loan for Hampton Inn & Suites St. Augustine-Vilano Beach
ATLANTA, Georgia—Access Point Financial (APF) has arranged an $18.5 million acquisition loan for the Hampton Inn & Suites St. Augustine-Vilano Beach, located in St....
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IHG Hotels & Resorts Implements Apple AirPlay at North American Hotels
NEW YORK—IHG Hotels & Resorts launched Apple AirPlay in the first phase of hotel rooms, giving guests the ability to stream content privately from...
Davidson Hospitality Group Recommits to Sustainability
ATLANTA, Georgia—Davidson Hospitality Group announced its renewed commitment to sustainability and conservational efforts through streamlined engineering management, strategic operational partnerships, food and beverage programs,...
Maverick Hotels and Restaurants Adds Two Properties to Managed Portfolio
BOSTON, Massachusetts—Maverick Hotels and Restaurants announced that it has added The York Beach Surf Club and The Sea Latch Inn, both located in York...
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