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Lightstone Value Plus REIT Buys Baton Rouge Hotels

Lightstone Value Plus REIT Buys Baton Rouge Hotels

NEW YORK—Lightstone Value Plus Real Estate Investment Trust (LVPR) announced the acquisition of two Marriott-branded hotels in Baton Rouge, Louisiana for $15.6 million. The properties acquired are the Courtyard by Marriott and Residence Inn by Marriott, both in Baton Rouge. ...

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RLJ Lodging Trust Acquires Downtown Houston Hotels

RLJ Lodging Trust Acquires Downtown Houston Hotels

BETHESDA, Md.—RLJ Lodging Trust announced that it acquired the historic Humble Oil Building complex in downtown Houston, for a purchase price of $79.5 million, or approximately $151,000 per key. The Humble Oil Building is a three-tower complex that occupies an ...

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Residence Inn Hotel To Open In Odessa, Texas

Residence Inn Hotel To Open In Odessa, Texas

Odessa, Texas—The 120-suite Residence Inn by Marriott in Odessa, Texas is scheduled to open on Monday, March 25. The property will operate as a Marriott franchise, owned and managed by Texas Western Hospitality of Dallas, Texas. “We are pleased with ...

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New Residence Inn Hotel Opens in Manhattan

New Residence Inn Hotel Opens in Manhattan

NEW YORK—The 211-suite Residence Inn by Marriott in New York is now open. The building, located at 148 East 48th Street, was formerly the Helmsley Middletowne Hotel, which was in operation from 1928 until May 2010. The Residence Inn New ...

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