Hospitality MarketWatch
Week of February 15th - February 19th

For the latest Marcus & Millichap research reports, please visit the Research Services website. Also available is our new Research Brief blog , which offers timely insight and expertise into the rapidly changing investment real estate industry on a weekly basis.
National
Largest Markets Dominate January Construction Pipeline
Monday February 15, 2016

Goldman Sachs Reports More People Who Use Airbnb Don't Want to Return to Hotels
Tuesday February 16, 2016

Marcus & Millichap arranges the $2.5M sale of Country Inn & Suites
Tuesday February 16, 2016
California
Casino proposed for Sacramento County prompts hopes, concerns
Wednesday February 17, 2016

Menlo Gateway project ready to start going up
Friday February 12, 2016

Livermore Council narrows down options for downtown development
Friday February 12, 2016

Hotel planned for burned historic PS Community Church
Wednesday February 17, 2016

OCVA Foresees Strong OC Hotel Market
Wednesday February 17, 2016
West
Denver's growth in rooms will be among nation's highest this year
Friday February 12, 2016

Home2Suites Opens in Salt Lake City
Friday February 12, 2016

Seattle Marriott Bellevue Sells for $186.9M
Tuesday February 16, 2016
Midwest
Residence Inn added to Innova apartment project in Cleveland
Wednesday February 17, 2016

Hotel project near Guthrie in Twin Cities clears hurdle
Wednesday February 17, 2016

Developer plans $25M hotel, conference center in Plainfield, IN
Thursday February 11, 2016

Midway Hotel in Brookfield, WI sold, will be renovated into Best Western Premiere
Friday February 12, 2016
Northeast
Work Begins on Brooklyn Site Once Rumored for Ace Hotel
Tuesday February 16, 2016

Developer will pay $32M for pair of Midtown East buildings
Wednesday February 17, 2016

Deal Set for DC Development Site
Friday February 12, 2016

Bill Creating Airbnb Framework Clears Virginia Senate
Tuesday February 16, 2016
Southeast
Development Underway in Atlanta Perimeter Commercial Corridor
Thursday February 11, 2016

Choice Breaks Ground on Cambria Nashville
Monday February 15, 2016

Closed hotel in Fort Lauderdale's North Beach sold
Thursday February 11, 2016

Two hotels set to open in Miami Design District
Friday February 12, 2016

Marriott buys Edgewater Hotel in South Beach for $23.5 million
Wednesday February 17, 2016

Drop in monthly benchmark stokes concern for 2016 tourism
Sunday February 14, 2016

Hotel industry analyst says Lee County, FL outlook 'awesome'
Friday February 12, 2016

New Orleans Mayor Landrieu hails Mardi Gras as a success
Friday February 12, 2016
Texas
Houston bids for 2017 NFL Pro Bowl
Friday February 12, 2016

Eagle Ford Shale Oil Output to Fall in March
Saturday February 13, 2016
Canada
Bearish Currency Fuels Bullish Travel Environment
Saturday January 30, 2016

Canada Transaction Volume Reaches $2.2B
Tuesday February 16, 2016

B.C. Expected to Lead Provinces in Economic Growth
Tuesday February 16, 2016

Rare Vancouver Office Project Breaks Ground
Tuesday February 16, 2016

Developer Unveils Bold Redevelopment Plan in Edmonton
Wednesday February 17, 2016
Other Industry News
Opportunities Exist Beyond Gateway Markets
Wednesday February 17, 2016

WoodSpring Hotels Launches WoodSpring Suites Signature Prototype
Tuesday February 16, 2016

American Realty Reinstates Previously Nixed Purchase Agreement with Summit Hotel
Wednesday February 17, 2016
Presented By
GORDON ALLRED
First Vice President Investments
Senior Director, NHG
(714) 319-1650
License CA: 00927200

J USTIN B OWEN
Associate
Associate Member, NHG
(909) 456-7023
License CA: 01462239

Featured Listing
Cambridge Inn Palm Springs
Palm Springs, CA
Priced Well Below Replacement Cost - Strong Management Upside
(Click picture for more information)

Recent Closings
Doubletree Richmond Airport
Sandston, VA
$6,900,000

Hampton Inn DuBois
DuBois, PA
$6,400,000