NewcrestImage To Acquire Nine Arizona Properties From G6 Hospitality
DALLAS—NewcrestImage has reached a definitive agreement to purchase nine hotels in Arizona from G6 Hospitality—six branded Motel 6 and three branded Studio 6. The...
Baird/STR Hotel Stock Index Up 12.7 Percent in December
HENDERSONVILLE, Tennessee, and MILWAUKEE—The Baird/STR Hotel Stock Index jumped 12.7 percent in December 2021 to a level of 5,744. For 2021 as a whole,...
Radisson Hotel Philadelphia Opens
MINNEAPOLIS, Minnesota—Radisson announced the opening of Radisson Hotel Philadelphia, following a multi-million-dollar renovation showing the brand’s signature Scandinavian design. The hotel is in Philly’s...
Current Rocky Point LCC Purchases The Current Hotel
TAMPA, Florida—Current Rocky Point LLC, a special purpose entity affiliated with Tampa-based Caspers Company, has purchased The Current Hotel, an Autograph Collection hotel by...
HUNTER Brokers Sale of Hyatt Place Downtown Greenville
ATLANTA—Led by Senior Vice President Mayank Patel, Hunter Hotel Advisors represented Tara Investments in the sale of the Hyatt Place Downtown Greenville, South Carolina....
Most Popular
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...
Advertisement