Hotel
Sterling Bay Opens Fulton Market Hyatt
The 200-key extended-stay hotel broke ground in 2018, with the developer financing the project through a $42 million construction loan.
Infinity Hotel San Francisco Joins Ascend Collection
The 75-key property in the city’s Marina District is now part of Choice Hotels International’s growing group of boutique and historic hotels and resorts with local flavor.
CPE’s Top 5 Posts in May
Miss any of our articles? Catch up with five of our most popular posts for the month.
Ashford to Pay $275M for Hotel Management Platform
The Dallas-based company has agreed to purchase the platform from Remington. The business provides services for two Ashford-advised REITs and oversees nearly 90 hospitality properties.
Shaner Hotels JV Breaks Ground on 108-Key PA Project
The company has partnered with Paul Risk Construction to develop a five-story Fairfield by Marriott in Mechanicsburg, its 15th property in Pennsylvania.
Lodging Market Headed for a Brief Slowdown
Hospitality demand is expected to drop in 2020 and 2021, mirroring a decline in economic growth, but numbers will go on the upswing again in 2022, according to a CBRE Hotels report.
Choice Hotels to Bring New Cambria Asset to Fort Lauderdale
The 104-key South Florida property, set to open in 2020, will offer ocean views and easy access to North Beach, Broward County Convention Center and the Port Everglades cruise terminal.
Ocean City Hotel Welcomes First Guests
Aloft Hotels has opened its first-ever property in the popular Maryland resort town, partnering with Blue Water Development and Real Hospitality to bring the 120-key project near the famous boardwalk.
Hotel Development: Trends, Challenges and Opportunities
McHugh Construction Vice President Kate Ivanova shares her views on the changes that the hospitality sector in Chicago is going through, as well as her role as a woman in the construction environment.
Virgin Hotels Breaks Ground on New Orleans Property
Located in the city’s Warehouse District, the seventh addition to the brand will include more than 200 guestrooms and is slated for completion in 2021.