Douglas Development Sells Downtown D.C. Hotel For $117M

Apple Hospitality REIT acquired the hotel from Douglas, which opened it during the height of the pandemic in 2020.

Influx Of Tourists To D.C. Provides Much-Needed Boost To Hotel Market, Tax Revenues

D.C. had the fastest-growing hotel performance in the U.S. last year and is seeing continued momentum, helping offset the economic pain from its office market.

Trump Organization Reportedly In Talks To Buy Back D.C. Hotel

The company sold the lease on the property in 2022 to CGI Merchant Group, which has since lost the hotel to its lender in a foreclosure.

Lender Buys D.C.'s Line Hotel At Auction

Acore Capital, which holds an $86M loan on the Line DC Hotel and brought the property up for auction, submitted a credit bid, and no other bids were made.

CBRE Markets Slieve Russell Hotel As Dalata Reports Dublin Slowdown

Dalata reported ongoing development in the UK and Europe but a softening Dublin sector, while CBRE is marketing the Slieve Russell Hotel.

Hilton Acquires Luxury Hotelier Sydell Group, Plans NoMad Brand Expansion

Hilton says there may be as many as 100 NoMad Hotels in the future.

From Taylor Swift To Oasis, Concerts And Events Increasingly Driving Hotel Market

Taylor Swift's Eras Tour set a new benchmark for the hospitality industry, but with Oasis touring next year, events are becoming a steady business for hotels.

Blackstone Pays Related $153M For Fort Lauderdale Hotel

Moxy Hotel Downtown Pushes To Start Construction In Time For 2026 World Cup

The 13-story hotel will include a rooftop lounge and speakeasy.

Investors Want To Buy Into Boston's Improving Hotel Market, But Deals Are Still Scarce

Boston's hotel market has seen growing demand and has become one of the most attractive markets in the country for investors.