Marriott International
Service Properties Trust Terminates Agreements for 122 Marriott Hotels
The REIT plans to transfer management of 98 of the properties to Sonesta International and sell the remaining 24 for $153 million.
Hotel Equities to Manage 36-Property Midwest Portfolio
The management company and its affiliate are slated to handle future transactions, conversions and upcoming developments.
Peachtree Hotel Group Opens Orlando Property
Part of the Marriott International brand of hotels, The Element Orlando Universal Blvd is located some 5 miles from both Universal Studios and SeaWorld Orlando.
How the Coronavirus Relief Bill Helps Hotels
The hospitality sector will have access to various initiatives designed to ease the blow of COVID-19, according to Marcus & Millichap.
CPE Announces the 2019 Executives of the Year
Now in its 23rd year, the CPE Executive of the Year Awards program is adjudicated by a peer vote among leading executives from across the commercial real estate industry and based on accomplishments in the past year. Here’s what made the winners stand out.
JW Marriott Opens 160-Key Hotel on China’s Holiday Island
The new JW Marriott Sanya Haitang Bay is part of Marriott International’s ambitious Asia-Pacific expansion program.
Marriott Adds Manhattan Landmark as It Refreshes W Brand
The purchase comes a year after Westbrook Partners paid Host Hotels & Resorts $171 million for the property.
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.
Blackstone Sells Downtown Philadelphia Hotel
A new owner has emerged for the 757-key property, which will regain the Sheraton brand following a $28 million renovation as part of a new franchise agreement with Marriott International.
Fairfield by Marriott Coming to Japan
A subsidiary of Pacifica Capital K.K. has partnered with Marriott International to open a 300-key hotel in Osaka. The 14-story property is scheduled for completion in 2020.