Hospitality MarketWatch
Week of January 30th - February 3rd

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
Fed Nods to Improved Sentiment, Leaves Rate Unchanged
Bloomberg - February 1, 2017

IHG Outlines Robust Brand Growth
Hotel News Now - February 2, 2017

Best Western Shares Goals for Newer Brands
Business Travel News- February 2, 2017

Houston Hoteliers Optimistic About Super Bowl Demand
Hotel News Now - January 30, 2017
California
Hotel Development Stays Strong in OC
Orange County Business Journal - January 26, 2017

Owner Of Burbank Town Center Wants To Build Hotel, Residences
Bisnow - January 29, 2017
West
Raiders' Las Vegas move may be spiked as Goldman Sachs reportedly out
CBS MarketWatch - January 30, 2017

Phoenix Market Enjoys Bright Outlook
Hospitality Net Industry News - January 27, 2017

Another hotel planned for south Medford, OR
Mail Tribune - January 31, 2017

Denver Marriott Tech Center Gets New Look
Hotel Business Magazine - January 31, 2017

Hotel Deca in Seattle Sold
Yahoo Finance - February 01, 2017
Midwest
Hotel performance, development rev up in Motor City
Hotel News Now - January 31, 2017

Stores, restaurants and hotels planned in $100M project near Kalamazoo
The Kalamazoo Gazette - January 27, 2017

Holiday Inn on East Side of St. Paul sells
Star Tribune - Business - January 30, 2017

SureStay Plus Poteau Makes Its Debut In Oklahoma
Hotel Interactive - January 31, 2017
Northeast
Inauguration weekend, Women's March set new hotel demand record
Curbed Washington DC - January 26, 2017

Hotel at U of Maryland Sets Summer Opening
Hotel Business - January 31, 2017

Pittsburgh's Pipeline Steers Select Service
Hotel Management - February 1, 2017

Dual-branded Hampton Inn, Homewood Suites set for Long Island City
Hotel Management - January 29, 2017

Airbnb bookings surged last year in NY's Capital Region
Albany Times Union - January 30, 2017

Utica, NY councilman considers additional hotel tax
Observer-Dispatch - January 29, 2017

Radisson owner in Massachusetts to renovate, add Holiday Inn brand
The Lowell Sun - January 29, 2017

217-Room Hotel du Pont in Wilmington, DE Changes Hands
Hotel Online - January 30, 2017

Shamin Hotels buys Renaissance Portsmouth Norfolk
Virginia Business - January 31, 2017
Southeast
Fairfield Inn in Acworth, GA Set to Open
Hotel Online - January 31, 2017

Seven-story hotel next to a Charlotte mall planned
The Charlotte Observer - January 30, 2017

Airbnb Effect in South Florida Examined
WLRN.org - January 31, 2017

Westin team eyes summer debut in Daytona Beach, FL
The News-Journal - January 30, 2017
Texas
State Added Energy Jobs in November for First Time in Two Years
fuelfix.com - January 26, 2017

Embassy Suites by Hilton Breaks Ground in San Antonio
cpexecutive.com - January 27, 2017

Courtyard To Open In Fort Worth
Hotel Interactive - January 26, 2017

With chain stores, hotels, offices planned for eclectic Austin street, 'weird' may be on its way out
The Dallas Morning News - January 31, 2017

Bankruptcy court OKs $2.9M sale of local hotel
Texarkana Gazette - January 28, 2017
Canada
Manufacturing Bounce-Back Extends Economic Momentum
Bloomberg - January 31, 2017

Hyatt Place Opens in Edmonton
Canadian Lodging News - January 26, 2017

Choice Opens Three Economy Properties in Q4
Canadian Lodging News - January 26, 2017
Other Industry News
Hilton Amps Up Loyalty Program, Unveils New Identity
Hotel Business Magazine - January 31, 2017

Hotel Brands Increase Focus on Affluent Travelers
CoStar News - February 01, 2017

Magnuson Hotels' Branded Hotels Report 25% Revenue Increase
Hospitality Net Industry News - February 01, 2017

Featured Listing
Sleep Inn Salisbury
Salisbury, MD
- Turn-Key Stabilized Property
- Fully Renovated in 2014
- 10% Cap Rate
- 17%+ Annual RevPAR Growth
(Click picture for more information)
Recent Closings
Hampton Inn Waldorf
Waldorf, MD
$7,775,000

Springhill Suites Prince Frederick
Prince Frederick, MD
$6,375,000


Best Western Danbury Bethel
Bethel, CT
$6,100,000



Portland, OR
(503) 200-2048

Baltimore, MD
(443) 703-5027
Reno, NV
(775) 348-5228
West Los Angeles, CA
(310) 909-2313
Phoenix, AZ
(602) 687-6791

Palm Springs, CA
(909) 456-7029

Sacramento, CA
(916) 724-1362



Ontario, CA
(909) 456-3420
Ontario, CA
(909) 456-7023
Ontario, CA
(909) 456-3430