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Wellness-Themed IHG Hotel Gets Financing For Lake Palmer Location
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Xenia Resorts has sold properties in Houston, St. Louis, Denver and Chicago
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Provenance Hotels is opening a new property in Portland this summer.
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There might eventually be a Trump Hotel in Nashville, but not under that name.
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This Week's Houston Deal Sheet
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Host Hotels & Resorts forks over $219M for W Hollywood, which ranks in the top five of the firm's hotel portfolio for earnings per room.
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Revenue per available Dallas hotel room was projected to increase by 3% in 2017. New data shows that increase to be 1.4%, but hotel experts remain unconcerned.
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“We’re seeing big changes in Canada’s hospitality market, with a number of major global players entering the space,” Brian Flood said.
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Hong Kong-based Dejia LLC made its first U.S. hotel acquisition by buying a 476-acre Leesburg resort from LaSalle Hotel Properties for $133M
Data suggests fewer foreigners will visit the U.S. this summer. That's bad news for luxury retailers and U.S. hoteliers.
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