Skip to content
Search

Latest Stories

Whitestone reopens hotels in Colorado Springs, CO

Regal Hospitality will manage the properties

Whitestone reopens hotels in Colorado Springs, CO

Whitestone Capital recently reopened the dual-branded Hilton Garden Inn and Homewood Suites Colorado Springs North in Colorado.

Hilton Garden Inn Colorado Springs North and Homewood Suites Colorado Springs North are now open in Colorado Springs, Colorado. Whitestone Capital, a division of Whitestone Cos. led by CEO Jay Batra, recently completed year-long renovations of the dual-branded property with Ohio-based Striv Design.

Regal Hospitality, a subsidiary of Whitestone Cos., will manage operations, according to a company statement.


“We are thrilled to reintroduce these hotels to the community and our loyal guests,” said Batra. “Our teams, along with Striv Design and Regal Hospitality, have created spaces that elevate the travel experience. We invite both business and leisure travelers to experience it for themselves.”

The Hilton Garden Inn and Homewood Suites are adjacent to each other and near the U.S. Air Force Academy. The properties offer indoor and outdoor pools and three fitness areas for business travelers.

Batra said the properties were valuable assets that needed investment to position them as key properties in the area.

“The first time we toured the property, we were at a loss for words at the mountain views from the guestrooms,” said Chuck Groger, Whitestone’s chief revenue officer. “We knew then all the properties needed was a renovation and a management team who cared. And now, with the transformation complete, we are thrilled to celebrate it with the entire Colorado Springs community.”

Whitestone recently acquired the 144-room Homewood Suites by Hilton Minneapolis-Mall of America, its first investment in Minnesota and fourth Homewood Suites purchase in 18 months.

More for you

Peachtree adds NJ hotel to DST portfolio

Peachtree adds NJ hotel to DST portfolio

PEACHTREE GROUP RECENTLY launched the 114-key Residence Inn Ocean Township along the Jersey Shore in New Jersey, structured as a Delaware Statutory Trust. This marks the company’s eighth DST offering since launching the program in 2022.

The Residence Inn is in Monmouth County, one of the wealthiest counties in the U.S., known for its high median income and vibrant year-round economy, Peachtree said in a statement.

Keep ReadingShow less
Hyatt Studios Mobile Tillmans Corner

Hyatt Studios opens in Mobile, AL

3H Group and LBA Hospitality Lead Hyatt Studios Project

Hyatt Studios Mobile/Tillmans Corner is now open in Mobile, Alabama. The apartment-style hotel, which had a soft opening in February, was developed and franchised by 3H Group and is managed by LBA Hospitality.

Chattanooga, Tennessee-based 3H Group is led by President and CEO Hiren Desai, while Dothan, Alabama-based LBA Hospitality is headed by President Beau Benton.

Keep ReadingShow less
TownePlace Suites Forney 2025

TownePlace Suites opens in Forney, TX

TownePlace Suites Forney Debuts with Modern Suites in Texas

TownePlace Suites Forney is now open in Forney, Texas. Peachtree Group, which developed the 87-suite property, will operate it for TEKMAK Development.

The pet-friendly hotel, located 22 miles east of Dallas, features a 24-hour fitness center and an outdoor pool, the companies said in a joint statement. It is near the Spellman Museum of Forney History and Mesquite Metro Airport HQZ.

Keep ReadingShow less
Comfort Inn East Evansville exterior after Shriv Shakti Hospitality acquisition in 2025

Shriv Shakti acquires Comfort Inn in Evansville, IN

Shriv Shakti Hospitality Secures Comfort Inn East Evansville in Major Deal

SHRIV SHAKTI HOSPITALITY recently acquired the three-storey 111-key Comfort Inn East Evansville in Evansville, Indiana, from Priyansu Hotels for under $50,000 per room. Brandt Niehaus, president of Huff, Niehaus & Associates Inc. and a member of Hotel Brokers International, brokered the transaction.

The new owner will maintain the Choice Hotels affiliation and plans improvements for the property, Huff, Niehaus & Associates said in a statement. Evansville, Indiana’s third-largest city, is the economic hub of a 24-county region and a trade center for parts of Indiana, Illinois and Kentucky.

Keep ReadingShow less