Texas Hospitality NewcrestImage buys the 296-unit, Beeman Hotel, near Park Cities with high-end rebrand plans 10/4/2024 | Dallas Morning News Subcategory: Hospitality: Hotel Tags: Renovation | Sale Read More
National Hospitality Choice Hotels relaunches upper upscale soft brand Radisson Individuals; The brand focuses on full-service, boutique and independent hotels, “seizing on major potential” to cater to increased traveler demand for unique accommodations, Choice SVP Indy Adenaw shared 10/3/2024 | Hotel Dive Subcategory: Hospitality: Hotel Tags: Business: Insights | Expansion | Q&A | Strategy Read More
National Hospitality Trinity Investments Has Expressed Interest in Buying Sunstone REIT; firm discussed paying about $13 a share for hotel owner 10/3/2024 | Bloomberg Subcategory: Hospitality: Hotel, Hospitality: Resort Tags: M&A | Proposed Read More
National Hospitality Canada’s Skyline Investments sells 11 US Courtyard hotels, 1,615 rooms for $101M ($62,539/room); Toronto firm trims American portfolio down to five properties 10/3/2024 | CoStar Subcategory: Hospitality: Hotel Tags: Sale Read More
Montana Hospitality Starwood, AJ Capital JV creates, Field & Stream Lodge Co., and announces its First Location in Bozeman, MT – Introducing: Great Lodges, Great Outdoors 10/2/2024 | PR Newswire Subcategory: Hospitality: Hotel, Hospitality: Resort Tags: JV-Partnership | New Company | Press Release Read More
Arizona Hospitality Phoenix developer, Pivotal Group, invests $100M to buy and renovate iconic resort, Hilton Phoenix Resort; reboot includes renovation of more than 400 rooms, adding spa, fitness center 10/2/2024 | Phoenix Business Journal Subcategory: Hospitality: Hotel, Hospitality: Resort Tags: Proposed | Redevelopment | Renovation | Sale Read More
Tennessee Hospitality Dreamscape, Centerbridge JV opens karaoke rooms in Nashville hotel as part of two-year renovation; Sheraton site overhaul part of hotel brand’s refresh announced in 2018 10/2/2024 | Boutique Hotelier Subcategory: Hospitality: Hotel, Retail: Amusement-Entertainment Tags: Expansion | Renovation | Strategy Read More
Utah Hospitality Peachtree buys 100-room AC Hotel by Marriott in Park City, UT from Spartan Partners 10/2/2024 | CoStar Subcategory: Hospitality: Hotel Tags: Sale Read More
Texas Hospitality Partners Group, Trinity Investments JV Locks in $210M Refi For 427-key Dallas-Area Ritz-Carlton from Marathon Asset Management 10/1/2024 | Connect CRE Subcategory: Capital Markets: Debt, Hospitality: Hotel Tags: Closing | Operations | Strategy Read More
Alabama Hospitality FIRST LOOK: Graduate Hotels opens first new hotel since Hilton acquisition in Auburn, Alabama; new build hotel comprises 177 rooms across five floors, plus two signature F&B concepts 9/30/2024 | Boutique Hotelier Subcategory: Hospitality: Hotel Tags: Expansion | New Brand | Opening | Operations Read More
National Hospitality What’s fueling Concord Hospitality’s accelerated growth; Long-awaited benchmark interest rate cuts, tighter bid-ask gaps and new deal filters are driving sector-spanning development, acquisition opportunities to fast track expansion 9/30/2024 | Hotel Investment Today Subcategory: Hospitality: Hotel, Hospitality: Motel, Hospitality: Resort Tags: Business: Insights | Q&A | Strategy Read More
Alaska Hospitality Philo Ventures buys 107-Key Landing Hotel in Ketchikan, Alaska 9/30/2024 | REBusinessOnline Subcategory: Hospitality: Hotel Tags: Sale Read More
Florida Hospitality FIRST LOOK: Florida’s largest spa opens within Highgate Hotel’s Amrit Ocean Resort; the four-story, 103,000-square-foot spa is located on over 300 feet of private beach of Palm Beach County’s Singer Island 9/30/2024 | Boutique Hotelier Subcategory: Hospitality: Hotel, Hospitality: Resort Tags: Opening | Operations Read More
Utah Hospitality Broadreach Capital’s Philip “Flip” Maritz discusses Sundance project, leveraging experience; Luxury developer waxes on leveraging experiences and relationships, while offering an update on their high-profile Sundance project in Utah 9/30/2024 | Hotel Investment Today Subcategory: Hospitality: Hotel, Hospitality: Resort Tags: Business: Insights | Q&A Read More
Arizona Hospitality HD Management to begin construction on new 124-room Queen Creek hotel, Homewood Suites by Hilton 9/30/2024 | Queen Creek Independent Subcategory: Hospitality: Hotel Tags: New Construction Read More
Florida Hospitality Driftwood Capital Breaks Ground on $420M Westin Cocoa Beach Resort, Spa, and Conference Center on Florida’s Space Coast 9/27/2024 | IREI Subcategory: Hospitality: Hotel, Hospitality: Resort, Retail: Restaurant, Specialty Tags: New Construction | Press Release Read More
National Hospitality A light at the end of bid-ask spread tunnel? After Peachtree Group’s sixth acquisition of 2024, we asked the company’s SVP of acquisitions and dispositions about what market dynamics he sees 9/27/2024 | Hotel Investment Today Subcategory: Hospitality: Hotel, Hospitality: Resort Tags: Business: Insights | Q&A | Strategy Read More
Texas Hospitality World’s first 3D-printed hotel takes shape in Texas; El Cosmico, a hotel and campground on the outskirts of the city of Marfa, is building 43 new hotel units and 18 residential homes — all with a 3D printer 9/26/2024 | CNBC Subcategory: Hospitality: Hotel Tags: New Construction Read More
Arizona Hospitality Private investor buys 78-room, Best Western Rancho Grande, in Wickenburg for $8.4M ($107,692/room) 9/26/2024 | Vizzda Subcategory: Hospitality: Hotel Tags: Sale Read More
Washington D.C. Hospitality Chef José Andrés To Enter Hotel Sector via JV with Thor Equities for 67-room branded D.C. Project, The Bazaar House 9/25/2024 | Bisnow Subcategory: Hospitality: Hotel Tags: JV-Partnership | New Brand | Proposed | Rezoning Read More