Hospitality MarketWatch
Week of August 8th - August 12th

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National
Anbang Denies Possible Bid for IHG
Sunday August 7, 2016

China Delays Approval of Marriott-Starwood Merger
Monday August 08, 2016

Growth Levels Off for Hotel Sector
Monday August 08, 2016
California
Hotel industry study critical of Chargers stadium plan
Wednesday August 10, 2016

Tenant-activists sue L.A. over Hollywood hotel conversion
Saturday August 06, 2016

Disney marks record quarterly earnings, though summer attendance dips at US parks
Tuesday August 09, 2016

Esong Group Buys 405-Room Holiday Inn LAX
Wednesday August 10, 2016
West
Chandler, AZ gives initial OK for hotel, conference center, office park
Thursday August 04, 2016

Air Force has found landing spot for a hotel near Park City, UT
Sunday August 07, 2016

Sandoval wants to know who pays for stadium roads
Monday August 08, 2016

Redevelopment could transform Brighton Boulevard area into lively mixed-use district
Thursday August 11, 2016
Midwest
Developers acquire downtown Detroit's Metropolitan Building for $32 million hotel rehab
Wednesday August 10, 2016

Limited-service leading the way in Twin Cities hospitality boom
Wednesday August 10, 2016
Northeast
Ashkenazy mulls 150-key hotel south of PA Bus Terminal
Monday August 08, 2016

Witkoff says 20 Times Square was delayed by site complications
Tuesday August 09, 2016

Webster Hall-adjacent hotel for millennials may be moving forward
Monday August 08, 2016
Southeast
Regions Bank Bldg in Memphis Sold for Hotel Redevelopment
Wednesday August 10, 2016

Aloft Atlanta Hotel Lands New Owners
Friday August 05, 2016

WoodSpring Hotels to Construct Fourth Atlanta Location
Wednesday August 10, 2016

Jacksonville tourism sees more record-setting visitation figures in June
Thursday August 04, 2016

Miami developer wins approval for its second Coconut Creek hotel
Wednesday August 10, 2016
Texas
Schwab Campus Will Bring 1,200 Jobs to North Texas
Tuesday August 9, 2016

Embassy Suites West Breaks Ground in Houston
Monday August 08, 2016

Courtyard Opens in Spring
Thursday August 4, 2016

Grapevine deepens its entertainment groove with $330M, 1,020-room resort plans
Thursday August 04, 2016
Canada
Foreign Buyer Tax Creates Uncertainty in Vancouver
Tuesday August 9, 2016

Canada Ramps Up Bond Supply to Aid Economy
Wednesday August 10, 2016
Other Industry News
Atlanta, Phoenix Hotels Change Hands for $51M
Tuesday August 09, 2016

Fitch: With U.S. Hotels at Peak, CMBS Being Watched with a Wary Eye
Monday August 08, 2016

US Banks Clearly Tightening CRE Lending Standards
Wednesday August 10, 2016

Blackstone launches $5B non-traded REIT
Wednesday August 10, 2016

Are REITs Set to Leave the Sidelines?
Wednesday August 10, 2016

Corporate Transient Demand Lagging
Thursday August 11, 2016
Featured Listing
Ramada Las Cruces Hotel & Conference Center
Las Cruces, NM

- Excellent Location Near University, Convention Center & Interstates

- Management Upside

- 34% 5-Year IRR

(Click picture for more information)
Recent Closings
Amber's Resort & Conference Center
Wisconsin Dells, WI
$4,600,000


Stratford Suites
Airway Heights, WA
$6,200,000


Portland, OR
(503) 200-2048
Washington, D.C.
(202) 536-3792
West Los Angeles, CA
 (310) 909-2313
Reno, NV
 (775) 348-5228
Washington, D.C.
(202) 536-3734
Phoenix, AZ
(602) 687-6791
Oakland, CA
(510) 379-1283
Andy Patel
Palm Springs, CA
(909) 456-3400
Ontario, CA
(714) 319-1650
Ontario, CA
(909) 456-7023
Ontario, CA
(909) 456-3430
Ontario, CA
(909) 456-7031