Hotel
Top 5 Hotel Transactions in Nashville
Several major hospitality assets changed hands in the 12 months ending in March as the Music City’s tourism economy continues to pick up speed.
Marriott International Opens Milwaukee Hotel
Operated as a Marriott franchise, the six-story, all-suite property includes 119 guestrooms, and is located near downtown Milwaukee and roughly 15 miles from Milwaukee Mitchell International Airport.
European Hotel Investment Volume Still Riding High
For the 12-month period ending in the first quarter of 2019, lodging transactions totaled €23 billion ($25.7 billion), with trades in the U.K., Spain and Germany accounting for the bulk of the activity.
MCR Acquires IN Hotels
Both 110-key Hampton Inn and 78-key Residence Inn by Marriott are located in Northwest Indianapolis and are within 10 miles of Indianapolis Motor Speedway.
When Hotels Meet Short-Term Home Rentals
Marriott is entering the growing home-sharing business by offering bookings at 2,000 high-end locations. Meanwhile, Airbnb and RXR Realty are teaming up on hotel-like apartment rentals in Manhattan.
Park Hotels, Chesapeake Lodging Trust to Merge in $2.7B Deal
Once the transaction is completed, the resulting company will own a 35,384-key, 66-property portfolio and have an estimated enterprise value of $12 billion.
Fairfield by Marriott Opens in Denver
Located near the Denver Tech Center and Centennial Airport, the 84-key, four-story hotel marks the 1,000th Fairfield by Marriott property.
CPE’s Top 5 Posts in April
Miss any of our articles? Catch up with five of our most popular posts for the month.
Omaha’s Blackstone Hotel: The Resurrection of a Landmark
Built at the beginning of last century, the hotel quickly became the epicenter of the city’s social scene. Lever Energy Capital CEO Mark Boyer reveals details about the revival of the iconic building.
Wexford Buys DoubleTree Near Nashville Airport
HREC arranged the sale of the 138-key all-suites hotel, which provides quick access to both downtown and Opryland. Hospitality Ventures Management Group was the seller.