Hotel
Starwood Capital, LeFrak Sell Miami Hotel for $610M
A new owner is on board at 1 Hotel South Beach, a landmark 429-key luxury property which underwent a multimillion-dollar transformation in 2015.
Radisson Opens New Park Inn Hotel in Brazil
The 171-key hotel is located near upscale neighborhoods and includes a Lucca restaurant and seven meeting rooms for up to 260 guests.
Hines, 25hours to Develop Copenhagen Hotel
The global real estate firm and the European hotel operator announced they are building a 243-key boutique property in the heart of the Danish capital.
Construction Outlook Calls for Continued Momentum
Potential risks to the industry, including ongoing tariffs and rising costs, are expected to be offset by the generally strong U.S. economy in 2019, at least in the first half, JLL reports.
Atlanta Hotels Win Big With Super Bowl
The city’s hospitality sector recorded higher than anticipated RevPAR and ADR growth for game weekend, reveals a new analysis by STR Inc.
Autograph Collection to Open First PA Hotel
The 10-story hotel sits next to the former Pittsburgh Athletic Association, offering convenient access to Pittsburgh International Airport.
Marriott Secures $40M Loan for Tucson Asset
The 136-key AC Marriott is the first hotel to be built in the city’s downtown since the early 1970s. Walker & Dunlop arranged the financing.
European Hotel Investment Hits Record Levels
Multiple cities are attracting robust capital flows to their hospitality sectors, CBRE reports. Of note, buyers from outside the continent are expanding their footprint.
Tapestry Collection by Hilton Opens First Pacific Northwest Hotel
The Hotel Group and Hilton launched The Sound Hotel, a 142-key project within the Arrivé tower in Seattle’s Belltown neighborhood.
Boston-Area Residence Inn Trades for $12M
An HFF team represented the seller and procured the buyer of the 130-key property located in the suburban community of Tewksbury, Mass.