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...
Most Popular
Driftwood Capital Secures Refinancing for Sheraton Park City Hotel
PARK CITY, Utah—Driftwood Capital announced it secured $33 million in refinancing for the Sheraton Park City hotel in Park City, Utah, a 200-key hotel...
Hilton Reports Q1 2024 Results
MCLEAN, Virginia—Hilton Worldwide Holdings Inc. reported its first quarter 2024 results. Highlights from the first quarter include:
Diluted EPS was $1.04 for the first quarter,...
stayAPT Suites Partners With Powerhouse Hotels for Brand Expansion
MATTHEWS, North Carolina—stayAPT Suites announced a significant expansion initiative in partnership with Powerhouse Hotels, a joint venture between JCap Realty Group and Cullinan Holdings....
Advertisement