Hospitality MarketWatch
Week of May 13th - May 17th

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California
Ventus Group buys assemblage at "Fig" DTLA megaproject
The Real Deal - May 15, 2019

Port of San Diego Selects Developer for Shared Hospitality Pod Hotel
San Diego Business Journal - May 15, 2019
West
Lionheart plans hotel, condos at Peak 8 base
Colorado Real Estate Journal - May 13, 2019

Hyatt Centric Downtown Portland on schedule to complete in January 2020
The Business Journal of Portland - May 14, 2019

Diller Scofidio + Renfro-designed Drew Las Vegas eyes 2022 opening
Hotel Management - May 16, 2019
Midwest
Marriott International Opens 119-Key WI Hotel
Commercial Property Executive - May 13, 2019

$35M Hyatt Place hotel in downtown Grand Rapids taking shape
mlive.com - May 14, 2019

Hovde Properties plans $40M downtown Racine project
The Milwaukee Business Journal - May 14, 2019

Ground broken for TRU hotel at Cherokee Springs Plaza
Cherokee Phoenix - May 15, 2019
 
Homewood Suites in Beachwood completes renovation
Cleveland Jewish News - May 15, 2019

Old Sears building to be transformed into boutique hotel
Hotel Online - May 10, 2019
Northeast
Blue Flag Acquires The Roberts Collection in Nantucket, Partnering with Life House on
Management and Restoration
CISION - May 02, 2019

Daly Seven Acquires Hilton Garden Inn Roanoke in Virginia
Hotel Online - May 14, 2019

First look inside the TWA Hotel at New York's JFK
CNN - May 16, 2019

Falcon Pacific tapped to build Garment District hotel
Real Estate Weekly - May 15, 2019

Homewood Suites to open in Poughkeepsie, N.Y.
Hotel Management - May 13, 2019

Hilton opens first West Virginia DoubleTree
Hotel Management - May 14, 2019
Southeast
Mr. C Coconut Grove Debuts in South Florida
Hotel Online - May 10, 2019

Tru by Hilton hotels coming to Mandarin, St. Johns County
Financial News & Daily Record - Jacksonville, Florida - May 13, 2019

North Point Hospitality Celebrates Topping Out of Hampton Inn & Suites by Hilton in Midtown Atlanta, Georgia
Hotel Online - May 13, 2019

Fairfield Inn & Suites opening in Metairie
New Orleans City Business - May 14, 2019

Tampa's Mainsail Lodging has homes for rent in Marriott's new home rental program
Tampa Bay Online - May 15, 2019
Texas
Goodnight Hospitality's Montrose hotel gets city of Houston approval
Houston Business Journal - May 10, 2019
 
Boutique hotel opens on Sixth Street in East Austin
KVUE - May 13, 2019

El Paso ranks as top 20 summer travel destinations, WalletHub says
KFOX14 - May 16, 2019
Canada
Hyatt Expected to Triple Canada Presence by 2022
HotelBusiness - May 15, 2019

Four Seasons, Marriott, Hilton open hotels in Canada
Hotel Management - May 09, 2019

STR: Canada hotel construction down 8.7% in April
Hotel News Now - May 15, 2019
Other Industry News
New Study Finds Airbnb Cannibalizes Hotels While Bolstering Demand
The Commercial Observer - May 15, 2019

IHG announces, details new brand prototypes
Hotel News Now - May 15, 2019
Featured Listing
Holiday Inn Express and La Quinta Inn
Santa Rosa, NM
-9.9% Cap Rate
-No PIP
-Both Hotels Fully Renovated
-2 Miles to Santa Rosa Blue Hole
-Close Proximity to 
Interstate 40 & 54
Recent Closings
Best Western Capistrano Inn
San Juan Capistrano, CA
$14,350,000

Catalina Island Inn
Avalon, CA
$9,500,000

Econo Lodge Inn & Suites Near China Lake Naval Station
Ridgecrest, CA
$3,400,000


Shane Hanrahan
Portland, OR
(503) 200-2048
Josh Tammen
Phoenix, AZ
(602) 687-6791

Karianne Cibello
Baltimore, MD
(443) 703-5027
Timothy J. Watkins
Reno, NV
(775) 348-5228
Shane Lupo
Ontario, CA
 (909) 456-3430
Kelly Hansen
Ontario, CA
(909) 456-3441
Matthew Monahan
West Los Angeles, CA
(310) 909-2313
Brant Keiki Nelson
Portland, OR
 (503) 200-2057
Palm Springs, CA
 (909) 456-7029
Justin Bowen
Ontario, CA
(909) 456-7023

Broderick Cook
Seattle, WA
(206) 826-5687
Baltimore, MD
(443) 703-5029
Ontario, CA
(909) 456-3420