Americas Best Value Inn adds 112 properties in 2012
Americas Best Value Inn added 112 properties to its system in 2012.
The growth includes the company’s sister brands, Canadas Best Value Inn and Value Inn...
North Point Hospitality sells Savannah hotel for $40M
Tuesday, December 10, 2013 – NORTH POINT HOSPITALITY Group Inc. last week sold its 160-unit SpringHill Suites by Marriott Savannah Historic District, Savannah, GA....
Trump Hotels open for business, although it may not seem like it
WHILE MOST HOTEL company CEOs and other top-ranking executives attending the Americas Lodging and Investment Summit in Los Angeles this week are highly vocal...
Brand USA reauthorization bill passes committee
REAUTHORIZATION OF BRAND USA, a public-private partnership that promotes travel to the U.S., has moved out of committee and will now be considered for...
Congress approves enhancement of funding for PPP loans
WITH THE HOUSE of Representatives passage of a $484 billion enhancement of the existing federal stimulus against the COVID-19 pandemic related downturn, hotels and...
Hersha buys up ownership in hotel
Hersha Hospitality Trust has purchased the remaining 50 percent interest it did not previously own in a 130-room Courtyard by Marriott located in Ewing,...
NewcrestImage to develop four-hotel campus in Texas
Wednesday, June 29, 2016 – NEWCRESTIMAGE – AN AGGRESSIVE hotel development company headed by Mehul Patel, a former AAHOA chairman – continues to make...
Pebblebrook renews its offer for acquiring LaSalle
PEBBLEBROOK HOTEL TRUST is not giving up on its pursuit of acquiring LaSalle Hotel Properties despite an announcement last month that Blackstone Real Estate...
Baywood Hotels buys Wyndham Garden in D.C. market
Thursday, January 09, 2014 – BAYWOOD HOTELS HAS acquired the Wyndham Garden Hotel in Gaithersburg, MD.
The Asian-American owned company plans a major renovation to...
Hotels in ’rail cities’ have higher ADR, says study
Thursday, November 21, 2013 – SEVERAL AMERICAN CITIES have a secret weapon to attract business travelers and lucrative meetings and conventions – a rail...
