HVS Global Hospitality Services
Hotel Development Pipeline to Slow: HVS
Projects under construction are generally continuing but the new hotel development will face feasibility and financing challenges.
CIM Group Debuts Gallery Tower in Las Vegas
The project marks the first ground-up hotel to be built in the downtown area in more than 10 years.
Swiss Investor Buys Stylish Berlin Hotel
Eastern Property Holdings has purchased the 304-key Nhow Hotel in the Friedrichshain neighborhood.
Houston-Area Hotel Changes Hands for the 1st Time
An out-of-state buyer purchased Comfort Inn & Suites Houston West in Katy, Texas, using a $3.2 million loan.
Coworking Checks Into Hotels
Multiple hospitality brands are exploring how shared work spaces might strengthen community ties and bring in additional revenue. Why not? Many lobbies are already de facto offices.
CIM Group, Carr Buy DC-Area Hotel
The two companies teamed up to acquire the 12-story, 254-key Crowne Plaza Hotel Alexandria, situated on the Potomac River.
Woodbine Legacy Investments Pays $152M for LA DoubleTree Hotel
The new owner plans to spend as much as $35 million in renovations. The deal includes an adjacent site slated for office development.
Apple Hospitality Snaps Up Hampton Inn & Suites in Atlanta
With the acquisition of the 132-key property at 4565 Ashford Dunwoody Road, the REIT now owns three hotels in the city.
Ground Breaks on $115M Hotel in Charlotte
Adding to the city’s growing lodging portfolio, The Kessler Collection will develop the luxury, 254-key Grand Bohemian in the thriving Uptown submarket.
AccorHotels Opens Largest Fairmont in US
The 1,048-key Fairmont Austin is sited next to Palm Park and Waller Creek and has direct access to the Austin Convention Center via the Red River Canopy Walk.