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The Crawford Hotel at Denver Union Station Now Open

The Crawford Hotel at Denver Union Station Now Open

DENVER—Sage Hospitality announces that The Crawford Hotel is now open in Denver’s Lower Downtown neighborhood. The Crawford honors its home inside the historic Denver Union Station while offering a contemporary lodging experience. Housed inside Denver’s 120-year-old station, which just completed ...

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RLJ Lodging Trust Acquires Hyatt Atlanta Midtown

RLJ Lodging Trust Acquires Hyatt Atlanta Midtown

BETHESDA, Md.—RLJ Lodging Trust today announced that it has acquired the 194-room Hyatt Atlanta Midtown located in Atlanta, Ga., for a purchase price of $49.5 million, or approximately $255,000 per key. The purchase price represents a forward capitalization rate of ...

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Homewood Suites Opens Fourth Hotel in Cincinnati Area

Homewood Suites Opens Fourth Hotel in Cincinnati Area

CINCINNATI and MCLEAN, Va.—Homewood Suites by Hilton announced today the opening of its newest property, Homewood Suites by Hilton Cincinnati Mason, Ohio. The four-story hotel, owned by Deerfield Hospitality LLC, is the fourth Homewood Suites property in the Cincinnati area ...

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Banyan, Investra Purchase Holiday Inn Express in S.C.

Banyan, Investra Purchase Holiday Inn Express in S.C.

Banyan Investment Group and Investra Investments have purchased the Holiday Inn Express & Suites in Bluffton, S.C., from Veritas Hospitality Group, a division of the Stafford Companies, based in Tifton, Ga. Loxi Hospitality provided advisory services with the transaction. This ...

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Despite Challenges, Best Western Expands Presence in China

Despite Challenges, Best Western Expands Presence in China

Despite a growing number of challenges facing the Chinese hotel industry, including increasing costs, high employee turnover, and decreases in ADR and occupancy rates, international hospitality companies still see huge growth potential ahead in China. Major players like Starwood, Hilton, ...

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