Hospitality MarketWatch
Week of February 4th - February 8th

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National
The Hospitality Sector Sees the Entrance of a New Competitor: Upscale Glamping Hotels
National Real Estate Investor - February 06, 2019

Jobs increase in leisure and hospitality sector, indicating a strengthening real estate market 
Institutional Real Estate Newsline - February 01, 2019
California
Hyatt and S.D. Malkin Properties, Inc. Celebrate the Groundbreaking of Two Beachfront Hotels in Oceanside, California
Hotel Online - February 06, 2019

Alameda council approves new waterfront hotel
Contra Costa Times - February 06, 2019

Yotel brings micro hotel rooms to SF with Friday opening
San Francisco Chronicle - February 01, 2019
West
Steamboat council approves development plan for new hotel on Pine Grove Road
Steamboat Pilot - February 06, 2019

State's largest convention center coming to Cheyenne
Casper Star-Tribune - February 03, 2019

Portland's Hotel Boom Continues to Rumble
Lodging Hospitality - February 01, 2019

Revamped Binion's to feature new boutique hotel, saloon in downtown Las Vegas
The Las Vegas Sun - February 06, 2019

First developer expects new Caesars brand to resonate
Hotel News Now - February 04, 2019
Midwest
Arlington Heights approves 62-room boutique hotel on Algonquin Road
Palatine Countryside - February 05, 2019

Holiday Inn and Johnny's Italian Steakhouse celebrate grand opening in Livonia
Livonia Observer - February 05, 2019

Indianapolis-Area Hilton Hotel Tops Off
Commercial Property Executive - February 04, 2019

Duluth tourism grows; hospitality industry beats projections
Duluth News-Tribune - February 04, 2019
Northeast
Sam Chang in contract to sell Garment District hotel
The Real Deal New York - February 06, 2019

Dream Hotel Group to open second U.S. Unscripted Hotel in 2020
Hotel Management - February 04, 2019

Hotel development is booming in Portland ... but questions abound over how much is too much
Mainebiz Real Estate & Construction - February 04, 2019

NYC's Park Lane Hotel Stake Sold as Part of 1MDB Funds Recovery
National Real Estate Investor - February 06, 2019
Southeast
$4 Billion Mixed-Use Development Opens in Miami
PLANetizen - February 05, 2019

JW Marriott Miami Turnberry Resort & Spa to open new waterpark
Hotel Management - February 07, 2019

Baker's Cay Resort, Curio Collection by Hilton, Opens in Key Largo With General Manager Joy Boyd at the Helm
Hotel Online - February 05, 2019

Best Western Opens Four New Properties Hotel Business
Hotel Business Magazine - February 05, 2019

Rockbridge acquires two Knoxville, Tenn., hotels
Hotel Management - February 05, 2019

Orange County hotel tax generates $23.5 million in December
Orlando Sentinel - Business - February 05, 2019
Texas
Downtown Dallas' first Arts District hotel will open this fall
The Dallas Morning News - Business - February 06, 2019

BC Lynd Hospitality to Break Ground on 150-Room Hilton Garden Inn Attached to Harlingen Convention Center
Hotel Online - February 05, 2019
Canada
Alt Hotel Calgary East Village is Officially Open
GlobeNewswire News Room - February 04, 2019

Hotels coming to Suburbia and Small-Town Ontario
Canadian Lodging News - February 04, 2019
Other Industry News
Instagram-worthy rest stops offer free lodging, laundry for touring musicians with a catch
CNN Money - February 05, 2019

A look at new limited-service supply and ADR growth
Hotel News Now - February 01, 2019
Featured Listing
Super 8 Fernley
Fernley, NV
- 9.6% Cap Rate
- 28% 5-Year IRR | 20% Cash on Cash Return
- Close Proximity to Tahoe-Reno Industrial Center, the World's Largest Industrial Center

Todd Manning, Broker of Record
License: NV B.1001879.CORP

Recent Closings
Holiday Inn Express & Suites Las Vegas
Las Vegas, NM
$4,800,000

Best Western Plus Villa Del Lago Inn
Patterson, CA
$8,650,000

Quality Suites / Clarion Hotel & Conference Center
Colorado Springs, CO
$7,800,000


Portland, OR
(503) 200-2048
Baltimore, MD
(443) 703-5027
Reno, NV
 (775) 348-5228
Phoenix, AZ
(602) 687-6791
West Los Angeles, CA
 (310) 909-2313
Ontario, CA
(909) 456-3430
Palm Springs, CA
(909) 456-7029
Portland, OR
(503) 200-2057
Ontario, CA
(909) 456-3441
Ontario, CA
(909) 456-3420
Ontario, CA
(909) 456-7023
Baltimore, MD
(443) 703-5029