Hospitality MarketWatch
Week of May 2nd - May 6th

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National
Solid Q1 for Marriott; Outlook Bright
Friday April 29, 2016

Demand for Hotel Rooms Should Mute the Impact of Record Construction Levels
Monday May 02, 2016

M&M Arranges Sales of Arizona Best Western
Wednesday May 4, 2016
California
Developers proposing 130-room Hilton in Sunnyvale
Wednesday May 04, 2016

Hotel to break ground in Napa
Friday April 29, 2016

Oakland's tourism industry keeps strong momentum going
Wednesday May 04, 2016

L.A. reaped a record $20.6 billion from tourism last year, Orange County $11 billion
Tuesday May 03, 2016

Tourists to Coachella Valley spent $5 billion in 2015
Wednesday May 04, 2016

Valley hotels spike prices, sell out for mega-concert
Tuesday May 03, 2016

Lenwood Country Inn and Suites sold to Ayres Hotels
Friday April 29, 2016
West
Raiders pledge move to Las Vegas, but potential stadium site unsettled
Thursday April 28, 2016

Tourism committee backs room tax increase for Vegas convention center upgrades
Thursday April 28, 2016

Southern Nevada tourism steams ahead with 2.9 percent increase
Thursday April 28, 2016
Midwest
Choice Hotels will open two Cambria-branded properties in Chicago
Saturday April 30, 2016

1,186-Foot Vista Tower to Break Ground In Chicago's Lakeshore East
Tuesday May 03, 2016

Developers break ground on Mystic Lake Hotel in Minnesota
Wednesday May 04, 2016

Detroit soccer stadium's approval, funding unclear
Thursday April 28, 2016
Northeast
Hersha Sells Manhattan Hotels to Chinese JV Partner
Wednesday May 04, 2016

Bethesda, MD Office Project Nears Approval
Monday May 2, 2016

D.C. Posts Record Tourism
Tuesday May 3, 2016
Southeast
More hotel rooms needed in Tampa
Wednesday May 04, 2016

Hilton Marco Island to close for $40 million upgrade
Wednesday May 04, 2016

Sagamore Hotel In Miami Beach Sells For $63 Million
Tuesday May 03, 2016

Plans for Atlanta River Walk Unveiled
Wednesday May 04, 2016

Country Inn & Suites Opens in N.C.
Tuesday May 3, 2016
Texas
Luxury hotel tower on the way for Craig Hall's Frisco office park
Friday April 29, 2016

Dallas' 1401 Elm St., redevelopment plans snapped up by investor
Monday May 02, 2016
Canada
Starwood and Easton's Group of Hotels Team Up for New Facility at Toronto Airport
Friday April 29, 2016

Ontario Best Western Changes Hands
Thursday April 28, 2016

Record Optimism in B.C. Lifts Consumer Confidence
Monday May 2, 2016
Other Industry News
Shifting Market Could Bolster Independent Hotel Values
Thursday April 28, 2016

Strong U.S. Transient Results Bolstered Hyatt's Q1
Tuesday May 3, 2016

IHG Introduces Direct Booking Discount for Loyalty Members
Tuesday May 3, 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
Best Western South Bay Inn
Chula Vista, CA
92.7% Occupancy - 10 Miles from San Diego International Airport
(Click picture for more information)

Recent Closings
Springhill Suites Port St. Lucie
Port St. Lucie, FL
$5,700,000


Holiday Inn Express Show Low
Show Low, AZ
$5,550,000