Hospitality MarketWatch
Week of August 28th - September 1st

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National
Hoteliers assess damage, mobilize in response to Harvey
hotelnewsnow.com - August 30, 2017

How oil prices affect hotel demand in some markets
hotelnewsnow.com - August 28, 2017
California
Work Starting on Dual-Brand Hilton Campus in Chula Vista
San Diego Business Journal - August 27, 2017

Kimpton's 105-Room La Peer Hotel Plans Fall Debut in West Hollywood, California
Hotel Online - August 27, 2017

Choice Plans to Open Burbank Hotel San Fernando Valley Business Journal
San Fernando Valley Business Journal - August 28, 2017

Custom Hotel in Los Angles acquired by Kor Group
poandpo.com - August 31, 2017
West
Witkoff Acquires Las Vegas Hotel Casino for $600M
CoStar News - Las Vegas - August 30, 2017

Arizona resorts take advantage of 'daycation' hotel trend
KTAR NEWS - August 29, 2017

Northwest Portland could get a floating hotel with a spa, farmers market
Oregon Live - August 30, 2017
Midwest
Seven-story hotel coming to downtown Dayton
Dayton Daily News - August 28, 2017

Former downtown Oklahoma City hotel could again house guests
The Daily Oklahoman - August 28, 2017

New Hilton-branded hotel chain proposes first Wisconsin location in Town of Brookfield
Milwaukee Journal Sentinel - August 30, 2017

Minn. tourism experiences uptick, survey says
The Brainerd Daily Dispatch - August 30, 2017
Northeast
Three firms combine for new Aloft in former Liberty Title & Trust Building in Philadelphia
Hotel Management - August 28, 2017

Renovated Embassy Suites Inner Harbor will open in October
Baltimore Sun - Real Estate News - August 29, 2017

Developer planning 48-key hotel in Astoria
The Real Deal - August 29, 2017

New York Market Leads U.S. Markets with the Largest Construction Pipeline Followed by Houston and Dallas
Hotel Online - August 29, 2017
Southeast
Downtown St. Pete's Hyatt Place to open in September
The Tampa Tribune - August 29, 2017

Water Street Tampa's 500-room hotel, with 26th story rooftop lounge, set for city review
Tampa Bay Business Journal - August 30, 2017

One Bellevue Place parcel under contract to hotel developer
Nashville Business Journal - August 30, 2017

Hotel, development coming near Cabarrus Arena
The Independent Tribune - August 29, 2017
Texas
Homes2 Suites by Hilton Austin Airport Begins Operations
Commercial Property Executive - August 27, 2017

McAllen hotels at capacity over weekend in wake of Harvey
The Brownsville Herald - August 27, 2017

The Siegel Group Acquires San Antonio's Former Budget Lodge Extended Stay Hotel for $3.3 Million
Hotel Online - August 29, 2017
Canada
Quebec, Airbnb reach agreement to collect lodging tax in the province
Canada.com - Business - August 28, 2017

Pomeroy Hotel To Open In Prince George
Hotelier - August 31, 2017

Destination Canada Releases June Tourism Snapshot
Hotelier - August 30, 2017

Fairmont The Queen Elizabeth Hotel opts for a makeover just in time for the 375th anniversary of Montreal
Architecture Digest - August 31, 2017
Other Industry News
Hyatt Acquires Wellness Brand Exhale
Hotel Business Magazine - August 29, 2017

Northeast metro hotels, homes preparing for full house during Super Bowl
Press Publications - August 29, 2017

A serious "one-two punch" is beating back hotel development
The Real Deal - August 29, 2017
Featured Listing
Comfort Inn & Suites Conversion
Mesa, AZ
- 27% 5-Year IRR | 17% Cash on Cash Return
- 25-Year Franchise License Included in Sale
- Near University, Convention Center, Airport & Large Employers

(Click picture for more information)

Recent Closings
Waldorf Hotel Portfolio (Country Inn & Suites | Comfort Suites)
Waldorf, MD
$10,150,000

Days Inn Six Flags/Ballpark/AT&T Stadium
Arlington, TX
$6,400,000


Baymont Inn & Suites Salida
Salida, CO
$3,300,000


Portland, OR
(503) 200-2048

Baltimore, MD
(443) 703-5027
Phoenix, AZ
(602) 687-6791
Reno, NV
(775) 348-5228
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) 456-3420
Ontario, CA
(909) 456-7023