Hotel - National

AHIP Closes $407M Hotel Portfolio Purchase
The Canadian REIT is the new owner of the Eastern Seaboard Portfolio, a collection of 18 Marriott and Hilton properties in Maryland, New Jersey, New York, Connecticut and Pennsylvania.
Hotel
IHG to Launch New Midscale Brand
The hospitality chain aims to address an underserved group of 14 million potential guests who are hungry for a high-quality yet competitively priced experience. Development costs are estimated at $85 to $90 per key.
Hotel
Summit Closes $163M Portfolio Deal
Acquired from Xenia Hotels, the five properties include four adaptive-reuse buildings. The assets are located in Fort Worth, Kansas City, Mo., Pittsburgh and Baltimore.
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News

Hilton Garden Inn Grows With 4 More Hotels

Deals

RLJ, FelCor to Merge in $1.2B All-Stock Deal

People

IHG Names New CEO

Videos

Crystal Lagoons Offers Revolutionary Amenity to Developers