Hotel
AJ Capital Buys 275-Key Hilton Hotel
The soon-to-be Graduate Hotels-branded hotel is situated near downtown Eugene and offers convenient access to the University of Oregon’s campus and to various sports venues.
Marriott to Open Denver Airport Hotel
The six-story property is situated within a 15-minute drive of Denver International, just off the Interstate 70/Peña Boulevard interchange.
Hotel Sector Tackles Today’s Challenges
While the hospitality sector is performing well, it’s no time to rest easy and rake in profits, said experts at NAREE’s national conference. They offered a list of issues to watch.
Newly Renovated DoubleTree by Hilton Opens in Ocean City
Owned by Harrison Group Hotels, the new DoubleTree-branded hotel features several pools, a 24-hour fitness center, along with a variety of meeting and event spaces.
Charlotte Gets New Dual-Branded Hotel
Two Courtyard and Residence Inn properties combined and are now open for business just minutes from Northlake Mall and Lake Norman
Marx Development Gets $88M in Financing for Hudson Yards Hotel
Meridian Capital Group secured the 24-month term loan from Mack Real Estate Credit Strategies. The developer plans a 42-story, Marriott-branded property across from the Javits Center on Manhattan’s Far West Side.
Westgate Resorts Buys Vintage Manhattan Hotel
The historic 300-key hotel in Tudor City, near Grand Central Station, has been rebranded as the Westgate New York City. It’s the company’s first acquisition in a major city.
Crescent Picks Up $125M Denver Hotel Portfolio
Situated within a quarter mile of more than 11 million square feet of office space, the two properties are within a 10-minute walk of Colorado State Capitol.
Cambria Hotels Debuts Asheville, NC, Property
FIRC Group developed the 136-key upscale hotel that features a fitness center, an open-air terrace and 3,400 square feet of multi-function spaces.
Northern IN Hotel Begins Construction
White Lodging is developing the 136-key Hampton Inn & Suites by Hilton Fort Wayne Downtown, which is scheduled to open in summer 2019.