Hospitality MarketWatch
Week of July 30th - August 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
U.S. Construction Pipeline Continues Moderate Growth Year-Over-Year
Hotel Online - August 01, 2018
California
Chesapeake Lodging Trust Sells 200-Room Hyatt Centric Santa Barbara for $90 Million
Hotel Online - July 30, 2018

LA projects, brands lead H1 2018 California development
Hotel News Now - July 31, 2018

With remodel of Westin St. Francis in San Francisco, ForrestPerkins maintains heritage
Hotel Management - July 31, 2018
West
Canopy By Hilton Portland Pearl District Celebrates Grand Opening
Hotel Interactive - July 30, 2018

Historic Little America Hotel in Flagstaff Completes Two-and-a-Half Year Renovation
Hotel Online - August 01, 2018

Extended-stay hotel opens in Whitefish
The Daily Inter Lake - July 29, 2018

14-story hotel, apartments going up near University of Arizona
Arizona Daily Star - July 28, 2018

Hotel construction boom continues in Colorado Springs
KRDO - July 27, 2018
Midwest
Marcus & Millichap sells 92-room hotel in Ohio
RE Journals - July 25, 2018

Wingate by Wyndham breaks ground
The Evening Star - July 31, 2018

Hotels near Muskegon-area mall on track for fall 2019 opening
Grand Rapids Press - August 01, 2018

Montana's Helena Hotel joins Delta Hotels by Marriott
Hotel Management - August 01, 2018

Choice, Frontier Hospitality begin development on new Iowa Cambria
Hotel Management - July 26, 2018
Northeast
Holiday Inn Express opens in former 2nd Radisson Hotel building in Chelmsford
The Lowell Sun - July 29, 2018

Renovation at Sheraton Norfolk Waterside nears completion Industries
Virginia Business - July 30, 2018

East London's version of hipster hospitality is coming to America
Hotel Online - July 30, 2018

A 'buzz' surrounds New Bedford as Harbor Hotel officially opens
The Standard-Times - August 01, 2018

Prestige Hospitaliy Group Celebrates Opening of New 122-Room Courtyard by Marriott in Wayne, New Jersey
Hotel Online - July 31, 2018

A Moxy Hotel is Coming to 151 Bowery
The Lo-Down : News from the Lower East Side - July 31, 2018
Southeast
Thousands of hotel rooms open in downtown as Nashville continues to boom
WKRN - July 26, 2018

Cambria Hotels Breaks Ground in Fort Mill, South Carolina
MarketWatch - July 26, 2018

Historic Florence building turned hotel, bar, breakfast haven
AL.com - July 29, 2018

Courtyard Hotel To Open In Tampa FL
Hotel Interactive - July 26, 2018

IHG Opens First Hotel Indigo in Mississippi
Hotel Online - July 31, 2018

RAM Hotel Management Set to Open New 95-Room Fairfield Inn & Suites by Marriott in Birmingham, Alabama
Hotel Online - July 31, 2018

Choice opens the Cambria Hotel Mount Pleasant in South Carolina
Hotel Management - August 01, 2018

Pizzuti Cos. to Develop $168M Marriott-Branded Hotel in Nashville's SoBro Neighborhood
REBusinessOnline - August 01, 2018
Texas
Embassy Suites by Hilton Opens in San Antonio
Franchising.com - August 01, 2018

Is Frisco's $2 billion Wade Park project ready for a restart?
Dallas News - August 01, 2018

East Austin Hotel slated to open this fall
Community Impact Newsletter - July 31, 2018
Canada
Canada sees highest Q2 hotel occupancy since 1999
Hotel News Now - July 27, 2018

Airbnb to collect, remit hotel tax on its listings in City of Ottawa
RENX - July 31, 2018

Pangea Pod Hotel in Whistler, BC, now taking reservations for August opening
Canada NewsWire - July 31, 2018

B.C. hotel industry's biggest beef is short-term rental operations
BCBusiness - August 01, 2018
Other Industry News
Tapestry embarks on two-year plan to blanket US
Hotel News Now - July 25, 2018

AccorHotels grows U.S. footprint with 21c Museum Hotels deal
Hotel Management - July 31, 2018
Featured Listing
Canyon Villa Inn of Sedona
Sedona, AZ
- Walking Distance to Bell Rock
- High Barriers to Entry
- Steady Long-Term RevPAR Growth
- Beautiful Red Rock Views


Recent Closings
Holiday Inn Express & Suites Carson City
Carson City, NV
$12,500,000
 
Todd Manning - BOR -
License NV: B.1001879.CORP
 
Comfort Inn Near Fallon Naval Air Station
Fallon, NV
$5,435,000

Todd Manning - BOR -
License NV: B.1001879.CORP

Portland, OR
(503) 200-2048
Baltimore, MD
(443) 703-5027
Reno, NV
 (775) 348-5228
Phoenix, AZ
(602) 687-6791
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) 456-3441
Ontario, CA
(909) 456-3420
Ontario, CA
(909) 456-7023
Baltimore, MD
(443) 703-5022