Hotel
The Hotel of Avalon Celebrates Topping Out
The new 330-key hotel anchoring Avalon will open its doors in early 2018. Stormont Hospitality Group joined hands with North American Properties and the City of Alpharetta to develop the $112 million project including Alpharetta Conference Center.
Virtua to Develop SpringHill Suites Hotel in Avondale
A Virtua Partners-sponsored hotel will break ground this November, with entitlements currently being processed though the City of Avondale. The 130-key room property is part of a 58-acre mixed-use project.
Sage Hospitality Opens Denver Hotel
The Dairy Block is a mixed-use development also featuring a six-story office tower, 66,000 square feet of restaurant and retail space, and a 380-spot below-grade parking garage.
Hilton Norfolk The Main Welcomes First Guests
The 21-story, 300-key downtown hotel features four dining experiences, meeting space, a ballroom, a fitness center, a business center, a 24-hour pavilion pantry market and an indoor pool.
Westroc, Woodbine Open $100M Resort in Arizona
Mountain Shadows, the first new resort in Paradise Valley in eight years, features 183 guestrooms, 42 condominiums and suites, as well as a presidential suite facing Camelback Mountain.
JLL Closes Sale of Westin Atlanta Airport Hotel
Thayer Lodging Group sold the 500-key property, which is located near the Georgia International Convention Center and the Hartsfield-Jackson International Airport.
Marriott Breaks Ground in Springwoods Village
Slated for completion by November 2018, Marriott City Place Hotel at Springwoods Village will be the first full-service hotel within the 2,000-acre master-planned community.
Marriott Sells Hawaii Resort for $317M
The Westin Maui along Ka’anapali Beach comprises the recently renovated 553-key Ocean Tower, as well as the 206-key Beach Tower, which will get its own makeover under the new ownership of Trinity Investments and Oaktree Capital Management.
LaSalle Sells Hotel Portfolio for $219M
The company recently sold two hotels in Lansdowne, Va. and Seattle and expects to close the third transaction in San Francisco in April.
Former ARC Hospitality Closes First Phase of $400M Investment
Rebranded Hospitality Investors Trust, the company has also completed a transition to self-management, having terminated its previous agreement with American Realty Capital Hospitality Advisors.