Hotel
Ascend Snags Brooklyn’s LOOK
The 81-key hotel is located in the Red Hook neighborhood, close to Brooklyn Bridge Park, Barclays Center and the Brooklyn Cruise Terminal.
Modular Sofa Adds Design, Functionality
Modern Office Furniture’s Zig Zag sofa can be arranged and re-arranged in various formations to accommodate different seating or room layout requirements. The pieces are modular and come fully assembled, offering a pre-built seating concept for lobbies or entryways.
Ashford Prime Extends Ground Lease for San Diego Hilton
The company has extended the lease at the 394-key property by 24 years, with a new expiration date in 2067. The agreement also provides for a further extension opportunity.
Hines, Henderson Park Enter Hotel Market in Greece
The joint venture paid $37 million to acquire Athens Ledra Hotel, an eight-story, 315-key property at 115 Syngrou Ave. in central Athens.
Hilton Garden Inn Grows With 4 More Hotels
The new lodging destinations, with opening dates in May and June, will add more than 600 guestrooms to the brand’s portfolio in Florida, Michigan, Pennsylvania and New York.
Summit Hotels Lands $53M Courtyard by Marriott in Charlotte
The acquisition marks the company’s first purchase in the Charlotte, N.C., market. Summit Hotels also entered into an agreement with OTO Development to manage the 118-key hotel.
W Bellevue Hotel Opens in Greater Seattle
The property is part of the $1.2 billion Lincoln Square expansion project. Besides the 220 guestrooms and 25 suites, the hotel features 10,000 square feet of meeting space.
Hard Rock Hotel Coming to Daytona Beach
The 200-key property, which is the fourth of its kind in Florida, is being developed in collaboration with Summit Hospitality Management Group and will be managed by Hard Rock International.
Economy Watch: Hotel Development Still Strong
Hotel planning and construction in the U.S. grew again in May, with more than half a million rooms under contract across nearly 5,000 projects, according to a recent STR report.