Operations/Management
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Hotel Equities to manage Florida SpringHill Suites   7 Aug, 2015

American Fidelity Life Insurance Company serves as the hotel’s development company. Construction began in mid-June and has an anticipated completion in third quarter 2016. The property will have 4,000 feet of meeting space.More>>

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Marcus & Millichap brokers sale of Memphis Courtyard   7 Aug, 2015

The seller, a private investor, acquired the hotel in 2012, and shortly thereafter completed a $2.27 million renovation on the property. This is the 101st hotel sold by Marcus & Millichap's National Hospitality Group in 2015.More>>

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Regent signs hotel in Harbin, China   7 Aug, 2015

Regent Hotels & Resorts has signed a management contract with China's Hua Hong Group for a new hotel in Harbin, China. The 250-room Regent Place Harbin will be located at the new Hua Hong International Center and is scheduled to open in 2017.More>>

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Dual-branded Canopy and Hyatt House coming to Washington, D.C.   7 Aug, 2015

The dual-branded venture will include both a lifestyle brand hotel (a 120,000-square-foot, 175-key Canopy by Hilton) and an extended-stay hotel (a 145,000-square-foot, 238-key Hyatt House) with 30,000 square feet of street-level retail and restaurant space between Maine Avenue and Wharf Street....More>>

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Newport Comfort Suites acquired by Banyan Investment Group   6 Aug, 2015

Mumford Company was able to structure a fee simple deal and a long-term land lease with the city of Newport for the 124-room hotel. The new owners plan to renovate and reconfigure the hotel, which will remain a Comfort Suites.More>>

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Hotel Equities to manage three hotels in Charleston, S.C.   6 Aug, 2015

Hotel Development Partners and funds managed by Ares Management purchased three select-service hotels with a total of 248 rooms in North Charleston, S.C. The hotels include the Residence Inn by Marriott Charleston North/Ashley Phosphate, the Fairfield Inn & Suites by Marriott Charleston...More>>

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Sage Hospitality to operate the Ritz-Carlton Chicago   6 Aug, 2015

Denver-based Sage Hospitality signed an agreement with JMB Realty to run the Ritz-Carlton Chicago, located at Water Tower Place. As part of the contract, it will lead a two-year renovation of the property encompassing its guestrooms, spa and meeting space. Until now the Chicago property has been...More>>

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Marriott tops loyalty programs list   5 Aug, 2015

This week, U.S. News & World Report released its annual list of the top hotel loyalty programs. The top five programs were ranked based on metrics such as the size of the rewards network, as well as how fast guests can accumulate points to receive benefits and the types of benefits guests can...More>>

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Naples Hotel Group to manage Wingate by Wyndham in Miramar, Fla.   5 Aug, 2015

This is the Naples Hotel Group's second Wyndham hotel and first in the Ft. Lauderdale area. The hotel will be brought into the Naples Hotel Group portfolio under the leadership of Andrew Bou-Sliman, VP of development & acquisitions, and Paul Tyson, VP of operations.More>>

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Holiday Inn in Raleigh, N.C., undergoes $8M update   5 Aug, 2015

All 176 rooms of the hotel are currently being updated, and the property's exterior will also receive a facelift. The renovations are taking place to allow the hotel to remain competitive in a market that is seeing increased rates.More>>




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