Inntuity weekly inntel updates

Weekly Inntel

A weekly listing of transactions, projects, brand announcements and deals – only INNTEL about opportunities you can directly benefit from.

March 17

A weekly listing of transactions, projects, brand announcement and deals – only INNTEL about opportunities you can directly benefit from.

DEVELOPMENTS

TRANSACTIONS

AC Hotel Austin Hill Country | Developer (Developer Type) Stratus Properties Inc.

The site plan for the 325,000- square-foot, mixed-use development includes a 10-screen Moviehouse & Eatery, which opened in May, a 134-room Marriott AC hotel, expected to open in summer 2021, 140,000 square feet of office space, restaurants and 60,000 square feet of retail space.

Source: Sources [Property], Marriott.com , Bizjournals.com, Communityimpact.com

Tag: Marriott AC hotel, Lantana Place, West William Cannon Drive, Stratus Properties Inc.

ICYMI: Hyatt Doubles Resort Footprint With Apple Leisure Group Acquisition

For the week of Aug. 16-20, Hotel News Now’s most-read stories include Hyatt Hotels Corp’sintent to acquire Apple Leisure Group, the latest U.S. hotel forecast, and more.

Source: NN editorial staff

Tag: Apple Leisure Group, Hyatt Hotels Corp

Residence Inn | 3482 Mission Inn Ave, Riverside, CA 92501, USA

The numbers has been lowered to 220 in order to accommodate changes made to the rooftop observation deck, which will now extend along more of the frontage facing Mission Inn Ave.

Source: Pe.com

Tag: Greens Group, Overland Development, Downtown Fire Station, Atman Kadakia, Residence Inn, Mission Inn Ave

Yorktowne Hotel has a new opening timeline, will soon take reservations

With wall coverings and work by local artists, luxurious showers and 22 extended-stay suites in the works, the Yorktowne Hotel has gotten the stamp of approval from officials at Hilton Hotels and is entering a 12-month countdown until its grand re-opening.

Source: York Daily Record

Tag: Kim Hogeman, Director of Strategic DevelopmentKatie Mahoney, Vice President of YCEAPennsylvania Historical & MuseumCommissionYorktowne HotelGF Management Andrew TodJack Kay,Chairman of the York County Industrial Development AssociationYork County Economic AllianceKinsley Construction

18-story Westin hotel hosts grand opening in Tempe

TEMPE, AZ (3TV/CBS 5) — The Westin Hotel in Tempe has unveiled their newest hotel with a special grand opening.

Source: AZFAMILY.COM

Tag: Westin Hotel in Tempe, Michael George,CEO of Crescent Hotels & Resorts, MillAvenue near Arizona State University’s Tempe campus, ASU, Sun Devil Football Stadium

DEVELOPMENTS

Hotel groundbreaking signals next chapter for DE Turf

With several soccer balls zipping through the air and bouncing off the dirt in an active construction zone, Mike Meoli of Meoli Companies celebrated the start of the company’s latest hotel project on Tuesday morning.

Tags: Mike Meoli, Meoli Companies, SpringHill Suites by Marriott, DE Turf Complex

TRANSACTIONS

Who’s buying, selling and financing?

Taconic Capital Advisors and HEI Hotels & Resorts have partnered to acquire the Westchester Marriott (pictured above), a 444-key hotel in Tarrytown, NY, from Ares Commercial Real Estate Corporation for $40 million.

Tags: Taconic Capital Advisors, Marriott, HEI Hotels & Resorts, Ares Commercial Real Estate Corporation 


New hotel under construction in Northern Utah

A new extended-stay hotel is now under construction just north of Salt Lake City.

Tags: Candlewood Suites, Dave Hilliard, Durbano Properties, Doug Durbano


Florida Investor Places Big Bet in Nashville, Tennessee, on the Hotel Industry’s Rebound

A hotel real estate investment trust struck a deal to buy the W hotel in downtown Nashville, Tennessee, in a record sale for the city, placing a big bet on the lodging business returning to full form once the pandemic passes.

Tags: W Hotel, Xenia Hotels & Resorts

Aztec Theatre group planning upgrades for boutique hotel with rooftop lobby

The oldest theatre and entertainment venue in San Antonio is about to have an upgrade.

Tags: Aztec Theatre, Aztec Family Group LLC, Samuel Panchevre, Overland Partners, Seventh Generation Design Inc., Michael Monceaux, Oscar Yanez, Tim Blonkvist, Sheem Capital

Hotel Management Company Mergers, Acquisitions Minimize Some Labor Concerns

Third-party hotel management companies are firmly in the spotlight this year as hotel owners seek operating efficiencies at all levels while still striving to keep hotels inviting places for guests willing to pay top dollar.

Tags: Benchmark Global Hospitality, PM Hotel Group, Prism Hotels & Resorts, Marshall Hotels & Resorts, Modus Hotels, Paramount Management Associates, Aimbridge Hospitality, TPG

Restoration work continues at the old West Jefferson Hotel

Crews have remained hard at work during the winter on the renovation and restoration of the 104-year-old West Jefferson Hotel building.

Tags: West Jefferson Hotel, Mark Beck, Greg Testerman, New River Custom Builders

Sandpiper Lodging Trust Acquires Two WoodSpring Suites Properties

Sandpiper Lodging Trust announces the acquisition of two WoodSpring Suites extended-stay hotels located in Orlando, Florida.

Tags: Sandpiper Lodging Trust, WoodSpring Suites, Sandpiper Hospitality, Carter Rise, Liberty Investment, Hotel Management

Goose Creek considering largest commercial development in its history with hotel

The City of Goose Creek is considering its largest commercial development in its history, a hotel in the fast-growing Carnes Crossroads area, and the mayor says it has been a project two years in the making.

Tags: Springhill Suites hotel, Greg Habib

Baymont by Wyndham Hotel Sells in Sarasota, Florida

Alex Diaz, trustee of the Tamiami Trail Trust, has purchased the Baymont by Wyndham hotel in Sarasota for $8 million.

Tags: Alex Diaz, Tamiami Trail Trust, Baymont by Wyndham hotel, Jag Grewal, CCIM, SIOR, Ian Black Real Estate, Daus Investments LLC

A weekly listing of transactions, projects, brand announcement and deals – only INNTEL about opportunities you can directly benefit from.

DEVELOPMENTS

TRANSACTIONS

AC Hotel Austin Hill Country | Developer (Developer Type) Stratus Properties Inc.

The site plan for the 325,000- square-foot, mixed-use development includes a 10-screen Moviehouse & Eatery, which opened in May, a 134-room Marriott AC hotel, expected to open in summer 2021, 140,000 square feet of office space, restaurants and 60,000 square feet of retail space.

Source: Sources [Property], Marriott.com , Bizjournals.com, Communityimpact.com

Tag: Marriott AC hotel, Lantana Place, West William Cannon Drive, Stratus Properties Inc.

ICYMI: Hyatt Doubles Resort Footprint With Apple Leisure Group Acquisition

For the week of Aug. 16-20, Hotel News Now’s most-read stories include Hyatt Hotels Corp’sintent to acquire Apple Leisure Group, the latest U.S. hotel forecast, and more.

Source: NN editorial staff

Tag: Apple Leisure Group, Hyatt Hotels Corp

Residence Inn | 3482 Mission Inn Ave, Riverside, CA 92501, USA

The numbers has been lowered to 220 in order to accommodate changes made to the rooftop observation deck, which will now extend along more of the frontage facing Mission Inn Ave.

Source: Pe.com

Tag: Greens Group, Overland Development, Downtown Fire Station, Atman Kadakia, Residence Inn, Mission Inn Ave

Yorktowne Hotel has a new opening timeline, will soon take reservations

With wall coverings and work by local artists, luxurious showers and 22 extended-stay suites in the works, the Yorktowne Hotel has gotten the stamp of approval from officials at Hilton Hotels and is entering a 12-month countdown until its grand re-opening.

Source: York Daily Record

Tag: Kim Hogeman, Director of Strategic DevelopmentKatie Mahoney, Vice President of YCEAPennsylvania Historical & MuseumCommissionYorktowne HotelGF Management Andrew TodJack Kay,Chairman of the York County Industrial Development AssociationYork County Economic AllianceKinsley Construction

18-story Westin hotel hosts grand opening in Tempe

TEMPE, AZ (3TV/CBS 5) — The Westin Hotel in Tempe has unveiled their newest hotel with a special grand opening.

Source: AZFAMILY.COM

Tag: Westin Hotel in Tempe, Michael George,CEO of Crescent Hotels & Resorts, MillAvenue near Arizona State University’s Tempe campus, ASU, Sun Devil Football Stadium


Hotel Versailles Set to Open in Ohio This May

Hotel Versailles is set to open this May at 22 N. Center St. in Versailles, about 45 miles north of Dayton.

Tags: Hotel Versailles, Kimberly O. Design, Renaissance Corp., Midmark Corp.

Innisfree wants 11-story hotel tower with 2-story pool bar on vacant Pensacola Beach lot

Innisfree Hotels is proposing building another new hotel on Pensacola Beach, making the third large hotel development announced in recent months for the company.

Tags: Innisfree Hotels, Clarion Suites Resort, Rich Chism, Brittney Barnett, Fairfield Inn and Suites, The Hampton Inn

Station Casino’s next Las Vegas resort is active construction site

After acquiring the site more than 20 years ago, Station Casinos has broken ground on its newest project in Las Vegas.

Tags: Station Casino, Durango hotel-casino, Stephen Cootey, Red Rock Resorts, Lorenzo Fertitta, RCLCO, John Burns Real Estate Consulting

Owner of De Soto Hotel shares what’s next for building after massive fire

KFOX14 investigates has obtained the last inspection report that was filed for the De Soto Hotel before a massive fire on Feb. 4 damagaed the historic building.

Tags: De Soto Hotel, Rogelio Gonzalez

A weekly listing of transactions, projects, brand announcement and deals – only INNTEL about opportunities you can directly benefit from.

DEVELOPMENTS

TRANSACTIONS

AC Hotel Austin Hill Country | Developer (Developer Type) Stratus Properties Inc.

The site plan for the 325,000- square-foot, mixed-use development includes a 10-screen Moviehouse & Eatery, which opened in May, a 134-room Marriott AC hotel, expected to open in summer 2021, 140,000 square feet of office space, restaurants and 60,000 square feet of retail space.

Source: Sources [Property], Marriott.com , Bizjournals.com, Communityimpact.com

Tag: Marriott AC hotel, Lantana Place, West William Cannon Drive, Stratus Properties Inc.

ICYMI: Hyatt Doubles Resort Footprint With Apple Leisure Group Acquisition

For the week of Aug. 16-20, Hotel News Now’s most-read stories include Hyatt Hotels Corp’sintent to acquire Apple Leisure Group, the latest U.S. hotel forecast, and more.

Source: NN editorial staff

Tag: Apple Leisure Group, Hyatt Hotels Corp

Residence Inn | 3482 Mission Inn Ave, Riverside, CA 92501, USA

The numbers has been lowered to 220 in order to accommodate changes made to the rooftop observation deck, which will now extend along more of the frontage facing Mission Inn Ave.

Source: Pe.com

Tag: Greens Group, Overland Development, Downtown Fire Station, Atman Kadakia, Residence Inn, Mission Inn Ave

Yorktowne Hotel has a new opening timeline, will soon take reservations

With wall coverings and work by local artists, luxurious showers and 22 extended-stay suites in the works, the Yorktowne Hotel has gotten the stamp of approval from officials at Hilton Hotels and is entering a 12-month countdown until its grand re-opening.

Source: York Daily Record

Tag: Kim Hogeman, Director of Strategic DevelopmentKatie Mahoney, Vice President of YCEAPennsylvania Historical & MuseumCommissionYorktowne HotelGF Management Andrew TodJack Kay,Chairman of the York County Industrial Development AssociationYork County Economic AllianceKinsley Construction

18-story Westin hotel hosts grand opening in Tempe

TEMPE, AZ (3TV/CBS 5) — The Westin Hotel in Tempe has unveiled their newest hotel with a special grand opening.

Source: AZFAMILY.COM

Tag: Westin Hotel in Tempe, Michael George,CEO of Crescent Hotels & Resorts, MillAvenue near Arizona State University’s Tempe campus, ASU, Sun Devil Football Stadium


Wilderness Resorts and Waterparks undergo renovations

After a tough couple of years for the hospitality industry, changes are coming to a popular Wisconsin Dells resort.

Tags: Wilderness Resorts and Waterparks, Wild West Waterpark, Wilderness Hotel, Joe Eck

Living the Lifestyle: Motto by Hilton in the Chelsea Arts District

Just over three years after its initial launch in October 2018, the growing Motto by Hilton brand debuted its first new-build property – and Hilton’s first lifestyle hotel in New York City – in the Chelsea Arts District.

Tags: Motto by Hilton, Stonehill Taylor

Pridwin Hotel and Cottages to Reopen Following Renovation

The newly restored Pridwin Hotel and Cottages will reopen for stays this summer after having closed its doors in November 2019.

Tags: Pridwin Hotel and Cottages, Cape Resorts, Petry family, Colleen Bashaw, Curtis Bashaw, Glenn Petry, Fort Amsterdam Capital, Tilden Park Capital Management, Estreich & Company, RLW4 Builders, Stokes Architecture + Design

AC Marriott Hotel Planned for Waterfront

Plans to build an AC Hotel on East River Street received initial approval from the Savannah Georgia Historic District Review Board.

Tags: AC Hotel, Savannah Georgia Historic District Review Board, North Point Hospitality, Homewood Suites, Savannah Electric Power Company 

A weekly listing of transactions, projects, brand announcement and deals – only INNTEL about opportunities you can directly benefit from.

DEVELOPMENTS

TRANSACTIONS

AC Hotel Austin Hill Country | Developer (Developer Type) Stratus Properties Inc.

The site plan for the 325,000- square-foot, mixed-use development includes a 10-screen Moviehouse & Eatery, which opened in May, a 134-room Marriott AC hotel, expected to open in summer 2021, 140,000 square feet of office space, restaurants and 60,000 square feet of retail space.

Source: Sources [Property], Marriott.com , Bizjournals.com, Communityimpact.com

Tag: Marriott AC hotel, Lantana Place, West William Cannon Drive, Stratus Properties Inc.

ICYMI: Hyatt Doubles Resort Footprint With Apple Leisure Group Acquisition

For the week of Aug. 16-20, Hotel News Now’s most-read stories include Hyatt Hotels Corp’sintent to acquire Apple Leisure Group, the latest U.S. hotel forecast, and more.

Source: NN editorial staff

Tag: Apple Leisure Group, Hyatt Hotels Corp

Residence Inn | 3482 Mission Inn Ave, Riverside, CA 92501, USA

The numbers has been lowered to 220 in order to accommodate changes made to the rooftop observation deck, which will now extend along more of the frontage facing Mission Inn Ave.

Source: Pe.com

Tag: Greens Group, Overland Development, Downtown Fire Station, Atman Kadakia, Residence Inn, Mission Inn Ave

Yorktowne Hotel has a new opening timeline, will soon take reservations

With wall coverings and work by local artists, luxurious showers and 22 extended-stay suites in the works, the Yorktowne Hotel has gotten the stamp of approval from officials at Hilton Hotels and is entering a 12-month countdown until its grand re-opening.

Source: York Daily Record

Tag: Kim Hogeman, Director of Strategic DevelopmentKatie Mahoney, Vice President of YCEAPennsylvania Historical & MuseumCommissionYorktowne HotelGF Management Andrew TodJack Kay,Chairman of the York County Industrial Development AssociationYork County Economic AllianceKinsley Construction

18-story Westin hotel hosts grand opening in Tempe

TEMPE, AZ (3TV/CBS 5) — The Westin Hotel in Tempe has unveiled their newest hotel with a special grand opening.

Source: AZFAMILY.COM

Tag: Westin Hotel in Tempe, Michael George,CEO of Crescent Hotels & Resorts, MillAvenue near Arizona State University’s Tempe campus, ASU, Sun Devil Football Stadium

Virgin Hotel Planned for Broad Street

A Virgin Hotel is planned for Center City as part of a large development project in the works at Broad and Lombard streets in Philadelphia, Pennsylvania.

Tags: Virgin Hotel, The Goldenberg Group, The Badger Group, Harvey Spear, Robert Spear, Skidmore, Owings, Merrill

University Hotel & Rooftop Bar Planned

Developers plan to build a 171-room, seven-story hotel complex across the street from the University of Cincinnati in Ohio.

Tags: Crawford Hoying, Meyers + Associates, Shaner Hotels, Hotel Celare, Plato Ghinos, Trinitas Ventures

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