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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.
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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.
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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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