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HREC arranges sale of Georgia Ramada    6 Feb, 2015

HREC Investment Advisors has arranged the sale of the 79-room Ramada Limited in Forest Park, Ga. The buyer was HR Hotel Management. A purchase price was not disclosed. The hotel is located approximately five miles south of the Hartfield-Jackson Atlanta International Airport. More>>

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Crowne Plaza in Bloomington, Minn., sells for $30M   23 Jan, 2015

Minnesota's Keading Management has acquired the Crowne Plaza in Bloomington, Minn., for $30 million, reports the Minneapolis/St. Paul Business Journal. The 430-room hotel, which had been on the market since last May, was sold by New York-based Trinity Hotel Investors and Boston-based BayNorth...More>>

Marriott International opened the AC Hotel New Orleans Bourbon/French Quarter Area in November. Newswire
Hotel groups cajole developers, customers with affordable luxury   22 Jan, 2015

According to the most recent data from PKF Hospitality Research showing RevPAR for the luxury-lodging segment jumping almost 7 percent in 2015.More>>

Caesars Entertainment’s Bob Morse Newswire
Caesars Entertainment’s Bob Morse   22 Jan, 2015

An interview with Bob Morse, a 35-year lodging and gaming industry veteran and president of hospitality for Caesars Entertainment in Las Vegas.More>>

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Why hotel developers are delighted about the prospect of an open Cuba   21 Jan, 2015

An open Cuba would mean big business for hotel companies, especially, eager to plant their flags and tap into a relatively unexplored resource.More>>

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AHT shells out $43.5M for Memphis Marriott East   20 Jan, 2015

Ashford Hospitality Trust has signed a definitive agreement to acquire the 232-room Memphis Marriott East hotel for $43.5 million in cash, or $187,500 per key. The acquisition is expected to close within the next 30 days. The property will subsequently be managed by Remington Lodging.More>>

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Rockbridge and TPG to combine on AC Hotel in San Jose, Calif.   19 Jan, 2015

A joint venture of Rockbridge and TPG Hospitality is set to develop and operate the AC Hotel in San Jose, Calif., the first of the AC Hotels by Marriott brand in California. With a projected opening in Spring 2016, the hotel will include 210 guestrooms, a 900-square foot fitness center, open air...More>>

The Ace Hotel Portland is located within the old Clyde Hotel building, in the downtown area of the city. Newswire
The City of Roses’ hotel industry in bloom   16 Jan, 2015

The Portland hotel industry and demand for rooms is on the rise.More>>

Almost all of the hotel’s guestrooms will have views of the Potomac River. Newswire
Hotel immortalized by Nixon folly gets well-deserved pardon   16 Jan, 2015

The infamous Watergate Hotel inWashington, D.C, willreopen later this year.More>>

The Hyatt Place Nashville Downtown has 255 rooms and is one block from the newly constructed Music City Center Convention Center Newswire
The Music City sings a happy tune   16 Jan, 2015

Nashville is a city known for its music, a full-size reproduction of the Greek Parthenon and, now, high average daily rates and revenue per available room.More>>

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