Hospitality MarketWatch
Week of December 12th - December 16th

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 raises rate, boosts outlook for borrowing costs in 2017
Wednesday December 14, 2016

Hoteliers Planned for Interest Rate Rise, See Benefits
Thursday December 15, 2016
California
Local governments can't collect taxes from online travel firms
Tuesday December 13, 2016

First Redwood City hotel in 15 years to open its doors
Wednesday December 14, 2016

Construction on huge Expo Line-adjacent mixed use project will begin in February
Friday December 09, 2016

Hersha Closes Purchase of Ambrose Hotel for $48M
Thursday December 08, 2016

Five-star hotel planned for Ponto Beachfront
Friday December 09, 2016

Mission Valley's Hanalei hotel sold
Friday December 09, 2016
West
Hotel magnate starts new burst of projects in Las Vegas
Friday December 09, 2016

Upgrade of Las Vegas Convention Center takes major step forward
Tuesday December 13, 2016
Midwest
Riley Completes Construction on North Olmsted, OH Hotel
Tuesday December 13, 2016

Streetsboro, OH Holiday Inn Express Changes Hands
Friday December 09, 2016

300-Key Columbus Hotel Trades
Friday December 09, 2016
Northeast
RLJ Lodging Trust Trims Stake in NYC Hotels
Thursday December 08, 2016

GWU sells its hotel property, new owner plans renovation
Monday December 12, 2016

DC hotel owners mixed on how industry will fare during next downturn
Monday December 12, 2016

Which Hotels Could Gain From Airbnb Crackdown in NYC?
Monday December 12, 2016

Restoration Hardware's Meatpacking hotel sent back to the drawing board by LPC
Friday December 09, 2016

Two Alexandria, VA Hotels Sold
Tuesday December 13, 2016

Boeing Moving Defense HQ to DC Area
Tuesday December 13, 2016
Southeast
Fort Lauderdale Hotel & Marina Commands $163M
Tuesday December 13, 2016

Collier County, FL Rejects Braves Spring Training
Tuesday December 13, 2016

Fort Myers moves quick to secure high-tech hub
Monday December 12, 2016

Bonita Springs Homewood Suites unveils $2.5m makeover
Tuesday December 13, 2016

Alabama Oak Mt'n Lodge Sells for $2.8 Million
Thursday December 08, 2016
Texas
OPEC's Ideal Price is $60 to Avoid Oil Shale Revival
Monday December 12, 2016

Oil Men Poised to Take Washington, Signals Dawn of New Era
Wednesday December 14, 2016

Sale of Sheraton Dallas Closes
Friday December 09, 2016
Canada
Canadian border bill passes U.S. Congress
Saturday December 10, 2016

Renewed Housing Optimism Boosts Consumer Confidence
Monday December 12, 2016

Housing Market May Soon Weigh on Economy, Expert Claims
Tuesday December 13, 2016

Commercial Real Estate Sales Hit Quarterly Record
Tuesday December 13, 2016
Other Industry News
Banks move quickly to raise prime lending rates
Wednesday December 14, 2016

Red Lion, Vantage Share More Details on Transition, Brands
Wednesday December 7, 2016
Featured Listing
Quality Inn Holbrook
Holbrook, AZ
- Strategically Located Between Phoenix & Albuquerque
- 10.3% Cap Rate
(Click picture for more information)
Recent Closings
Springhill Suites Prince Frederick
Prince Frederick, MD
$6,375,000


Motel 6 + Candlewood Suites Development
Portland, OR
$5,265,000


Microtel Inn & Suites by Wyndham Bethel Danbury
Bethel, CT
$3,935,900


Portland, OR
(503) 200-2048
Washington, D.C.
(202) 536-3792
West Los Angeles, CA
 (310) 909-2313
Reno, NV
 (775) 348-5228
Phoenix, AZ
(602) 687-6791

Oakland, CA
(510) 379-1283

Palm Springs, CA
(909) 456-7029


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