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Eden Boutique Hotel Opens in Tel Aviv

Eden Boutique Hotel Opens in Tel Aviv

Tel Aviv, Israel—Eden Boutique Hotel, a 12-room boutique property located between Tel Aviv’s Carmel Market and Mediterranean promenade, has opened. The property features classically designed rooms and suites, including executive and double rooms with street-view terraces and Victorian-style standing baths. ...

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PKF Forecasts Double-Digit Gains in NOI Through 2015

PKF Forecasts Double-Digit Gains in NOI Through 2015

ATLANTA, Ga.—According to the 2014 edition of Trends in the Hotel Industry, an annual report recently released by PKF Hospitality Research LLC (PKF-HR), hotel profits are on pace to exceed pre-recession levels in 2014. Despite the slowdown in the pace ...

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Choice to Introduce Clarion and Quality Brands in China

Choice to Introduce Clarion and Quality Brands in China

ROCKVILLE, Md.—Choice Hotels International has signed a development agreement for its Quality Hotel and Clarion Hotel brands with Boli Hotel Management Company Ltd. The deal marks the launch of the first Clarion and Quality Hotels in China, and the continual ...

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Trigild and Blu Hotel Investors Acquire Second Hotel

Trigild and Blu Hotel Investors Acquire Second Hotel

SAN DIEGO—Expanding their Southern California hotel portfolio, San Diego-based Trigild and Santa Barbara-based Blu Hotel Investors have completed the $16.5 million acquisition of the three-story, 100-room Holiday Inn Express Hotel & Suites in Santa Cruz. Trigild, a real estate services ...

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Adaptive Reuse Project in Atlanta to Include Hotel Indigo

Adaptive Reuse Project in Atlanta to Include Hotel Indigo

ATLANTA–Portman Holdings has purchased a 414,768-square-foot office tower in downtown Atlanta. The 50-year-old building was first developed as an office building by Portman in 1965 as part of the Peachtree Center mixed-use development. Renovation will commence immediately to convert the ...

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