Marriott and Expedia are negotiating hard over a new commission structure with both...
- Chatham Lodging Trust divests two hotels in Pennsylvania
- AAM 15 Management acquires Embassy Suites of Portland
- Rockridge selects Interstate Hotels & Resorts to manage The Westin Portland Harborview
- Xenia Hotels & Resorts buys Park Hyatt Aviara Resort, Golf Club & Spa in California
- India-based Treebo launches three sub-brands
Hoteles City Express to acquire City Express Chihuahua Hotel in Mexico
Mexico-based hotel chain Hoteles City Express has signed a binding agreement with Deutsche Bank Mexico, Multiple Banking Institution, Fiduciary Division F / 1616 or ‘Fibra Inn’ to acquire the City Express Chihuahua hotel.
Chatham Lodging Trust divests two hotels in Pennsylvania
Chatham Lodging Trust, a hotel real estate investment trust (REIT), has divested the 105-room Courtyard by Marriott Altoona, as well as the 86-suite SpringHill Suites by Marriott Washington, Pennsylvania, for around $10m.
Marriott brings a different approach as it rises to the challenge of Airbnb
One key differentiator from Marriott's hotel chain rivals is that its home listings will be independently operated.
Case Study: Best Western Borås
Best Western Borås is a four-star hotel and has 52 rooms across five different room types. They have been a beta client to Atomize since summer 2017. From December 2017 they have applied 100% of Atomize price recommendations.
HFF announces $111m sale and financing for 343-room hotel in Washington, D.C.
Holliday Fenoglio Fowler (HFF) has completed the $111m divestment of Liaison Washington Capitol Hill, a 343-room hotel in the Capitol Hill submarket of Washington, D.C.
AAM 15 Management acquires Embassy Suites of Portland
AAM 15 Management has acquired Embassy Suites of Portland, Maine, for undisclosed amount.
Condor Hospitality Trust closes divestment of 59-room hotel in Maryland
Condor Hospitality Trust, a Maryland-based hotel-focused real estate investment trust (REIT), has completed the divestment of the 59-room Quality Inn & Marina in Solomons, Maryland for $4.3m.
GreenTree invests in Zhejiang New Century Hotel Management IPO
China-based franchised hotel operator GreenTree Hospitality Group has invested in Zhejiang New Century Hotel Management’s initial public offering (IPO).