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HREC arranges sale of DoubleTree in Charlotte, N.C.   6 Nov, 2014

Monty Levy (SVP - Atlanta), Bill Murney (SVP - Phoenix) and Scott Stephens (COO and Senior Principal - Tampa), represented the seller in the transaction. The purchaser, Southwest Value Partners, is a private real estate investment firm that focuses on commercial, hospitality, residential land and...More>>

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Premier Inn to open its first Singapore hotel   5 Nov, 2014

UK-based hotel operator Premier Inn is opening its first hotel in Singapore, the 300-room Premier Inn Singapore Beach Road, in the middle of 2016.More>>

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Park Hotel Group expands to Thailand and Indonesia   5 Nov, 2014

Park Hotel Group is expanding its presence in Southeast Asia with the launch of hotels in Thailand and Indonesia, two new markets for the brand.More>>

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Maritime Silk Road a central theme at this year's GTE Forum in Macau   5 Nov, 2014

More than 40 ministerial leaders, globally renowned corporate leaders, experts and scholars assembled in Macau last week for the third annual Global Tourism Economy Forum (GTEF), an event hosted by the Secretariat for Social Affairs and Culture of the Macao SAR Government with support from CNTA,...More>>

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HREC arranges sale of Crowne Plaza in Portland, Ore.   5 Nov, 2014

The selling investment group was represented by The Dow Hotel Company, a Seattle based owner-operator. The buyer, Silicon Forest Hospitality, is an entity affiliate of Empire USA, a Los Angeles based Real Estate Investment Company. The hotel has over 5,000 square feet of function space,...More>>

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Loews Hotels & Resorts buys the Loews Ventana Canyon Resort   5 Nov, 2014

The property has been managed by Loews Hotels since its opening in December 1984. Tucson's Estes family will retain a minority ownership position in the resort. Beginning in 2015, the resort will undergo a renovation. More>>

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DiamondRock, Chesapeake and more offer up their Q3 results   4 Nov, 2014

Over the past two weeks hotel brands have been releasing their results for Q3 2014, and now real estate investment trusts (REITs) are chiming in. Across the board numbers are high, as the industry continues to build steam and REIT activity increases.More>>

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Second Hyatt Place opens in India   4 Nov, 2014

This is the first Hyatt Place hotel in the gateway city of Delhi National Capital Region (NCR) and the second Hyatt Place hotel in India, following the 2012 opening of Hyatt Place Hampi. The 175-room hotel has free Wi-Fi access throughout the hotel, 2,720 square feet of meeting and function space,...More>>

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Quay Hotel in Wales sold for $11.2 million   4 Nov, 2014

The hotel and spa, which employs approximately 110 staff in the summer months, went on the market after administrators were called in to its holding company. The 74-room hotel itself did not enter administration and continued to operate and is on course to enjoy its most successful year since it...More>>

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Rockbridge closes $438M fund   4 Nov, 2014

Due to demand from investors, the company exceeded its original fund target of $350 million. Fund VI represents a capital base that includes pension funds, insurance companies, endowments/foundations, family offices and international investors. Triton Pacific Capital served as the exclusive...More>>

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