Maintenance issues at some of the properties in Equity Inns' $800M portfolio have landed the lodging company on a special servicer watchlist.
Gaslamp District's Hotel Z Gets New Owners After Grand Opening
The City of Anaheim wants to encourage top-rated hotel development via tax breaks for such properties.
Chinese developer Shenzhen Hazens will now add a 30-story W Hotel to its $700M residential development near LA Live in Downtown.
Developer Sydell Group is bringing New York its first Hoxton Hotel at 97 Wythe Ave. in Williamsburg.
A hotel-anchored project at Michigan Ave NE and Irving Street in Edgewood, has already been approved by the DC Zoning Commission in 1991, 2009, 2011, and 2013.
Miami Beach's city commission has granted first approval to Portman Holdings for a proposed 800-room hotel adjacent to the Miami Convention Center
Chatham Lodging Trust buys Residence Inn Fort Lauderdale Intracoastal/Il Lugano.
Even in these great times for hotels, properties need improvements to be competitive.
Airbnb is becoming increasingly popular in Paris, and luxury hoteliers are getting worried.
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