Hospitality MarketWatch
Week of November 4th - November 8th

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California
San Diego Council places hotel tax hike, city auditor measures on March 2020 ballot
CBS8 San Diego - November 05, 2019
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Montage Beverly Hills Hotel Said to Fetch More Than $400 Million
Bloomberg - November 05, 2019
Mondrian Los Angeles Hotel Launches $19 Million Dollar Hotel
hotelnewsresource.com - November 07, 2019

Is The 1 Hotel West Hollywood The World's Most Sustainable City Hotel? 
Globetrender - November 01, 2019
West
New hotel breaks ground in Carson City
Nevada Appeal - November 06, 2019
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Safe Bet: Reimagining Las Vegas
The Commercial Observer - November 06, 2019
 
Hyatt Place Peña Station/Denver Airport Hotel
hotelnewsresource.com - November 07, 2019
 
Stonebridge Cos. Opens 382-Room Dual-Branded Hilton Hotel in Downtown Denver
REBusinessOnline - November 06, 2019
Midwest
Construction Begins on Detroit's First Cambria Hotel 
Hospitalitynet.org - November 04, 2019

Too many hotel rooms in Chicago? Prices and occupancy are down -- good for you, bad for hoteliers. 
Park Ridge Herald-Advocate - November 01, 2019
 
Hotel plan for King Cole Building gets go-ahead from IHPC
Indianapolis Business Journal - November 07, 2019
 
Downtown Milwaukee's newest hotel, Drury Plaza, is now open in a former Water Street office building
Milwaukee Journal Sentinel - November 06, 2019
 
Northeast
Qatari fund pays $310M for St. Regis
Real Estate Weekly - November 06, 2019

Micro-hotel making its mark
The Salem News - November 06, 2019
 
Residence Inn planned near Carytwon
Richmond Bizsense - November 06, 2019
 
The Newbury Boston emerging out of former Taj hotel in Back Bay
Curbed Boston - November 04, 2019
 
Southeast
Hurricane Dorian hits hotel ax revenue in Orange County
Orlando Sentinel - November 05, 2019

Wyndham Buys Nashville Timeshares for $22M
Commercial Property Executive - November 05, 2019

New 151-room Central Florida hotel set to open early next year
Orlando Business Journal - November 07, 2019

Local hotel operator adds French Quarter property to portfolio
New Orleans City Business - November 04, 2019
 
Texas
W Hotel sale signals new chapter at Dallas' Victory Park
Dallas News - November 04, 2019

Phoenix Hospitality Startup Off to a "Qwick" Start in the Dallas Market
Dallas Innovates - November 04, 2019

Lone Star State Welcomes New Hotels
Hotel Business Magazine - November 06, 2019
 
Canada
AC Hotel Ottawa to Open in the Summer of 2022
Hotelnewsresource.com - November 07, 2019

Travellers are discovering Canada's in-terminal airport hotels
canada.com - November 01, 2019
72-storey hotel, residential development in Niagara Falls would be among tallest buildings in Canada
The Standard - October 31, 2019
Featured Listing
Best Western Plus Commerce Parkway Inn & Suites
Barstow, CA
- Brand New Hotel Built in 2019
- 3 Story Interior Corridor
-8.2% Pro Forma Cap Rate
- Midway Between Los Angeles-Las Vegas and San Diego-Las Vegas
- 4.5x Pro Forma Room Revenue Multiplier
Recent Closings
Quality Inn Barstow
Barstow, CA
$5,400,000
Days Inn Fontana Rialto
Rialto, CA
$9,250,000
Holiday Inn Express Development Land
Longmont/Firestone, CO
$999,999

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

Zac Walsh
Baltimore, MD
(443) 703-5029
Ontario, CA
(909) 456-3420