Apple Hospitality REIT Acquires Two Salt Lake City Hotels
RICHMOND, Virginia—Apple Hospitality REIT, Inc. announced the acquisition of the 175-room Courtyard by Marriott Salt Lake City Downtown for approximately $48.1 million, or $275,000...
Property Tax Trends: New Analysis Shows That Relief for U.S. Hoteliers Varies by Geography
Based on a sample of more than 3,000 hotels from CBRE’s Trends in the Hotel Industry database, U.S. hotel property tax expenditures averaged $2,626...
Stockdale Capital Partners Acquires the InterContinental Houston
LOS ANGELES—Stockdale Capital Partners acquired InterContinental Houston, a 354-key hotel built in 2019 and located in Houston, Texas. The property is within close proximity...
LOGE Camps Secures Investment for Brand Growth
NORTH BEND, Washington—LOGE Camps recently secured a capital investment for the company’s continued growth. LOGE Camps will use the investment provided through DCA Family...
NewcrestImage and Dabu Group Acquire Marriott Dallas/Fort Worth Westlake
In a joint venture, NewcrestImage and Dabu Group have acquired the full-service Marriott Dallas/Fort Worth Westlake. The hotel has architecture by Mexican architect Ricardo...
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Choice Hotels Publishes 2023 ESG Report
NORTH BETHESDA, Maryland—Choice Hotels International, Inc. published its 2023 Environmental, Social, and Governance Report. The report details Choice's latest initiatives to drive sustainability across...
World of Hyatt Platform Adds More Than 700 Properties From Mr & Mrs Smith
CHICAGO—Hyatt Hotels Corporation announced that World of Hyatt is offering members access to earn and redeem at a collection of more than 700 boutique...
Lodging Econometrics: U.S. Hotel Construction Pipeline Shows Robust Growth
As seen in the Q1 2024 U.S. Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), at the end of the first quarter, there...
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