Hospitality MarketWatch
Week of April 22nd - April 26 th

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California
Vallejo's first Hilton hotel opens where Best Western once stood
Vallejo Times-Herald - April 22, 2019

The Westin Long Beach Launches $23 Million Renovation Set for Completion Summer 2019
Hotel Online - April 22, 2019

HVS Market Pulse: Anaheim, California
Hotel Online - April 24, 2019
West
C
atellus, Mortenson to Build 259-Room Hyatt Hotel in Tempe's Novus Innovation Corridor
REBusinessOnline - April 23, 2019

Portland Hotel Opens After Renovation
Commercial Property Executive - April 19, 2019

Hilton Opens 152-Key Hotel in Seattle
Commercial Property Executive - April 24, 2019
 
Foreclosed Lucky Dragon casino hotel bought for $36M
Hotel Management - April 23, 2019

Salt Lake City OKs loaning developer $7 million to help build a new hotel at The Gateway
The Salt Lake Tribune - April 24, 2019
Midwest
Hilton extended stay hotel expected to open in the fall in Taylor
Manchester Enterprise - April 22, 2019

'Top Chef' contestant opening first Minneapolis restaurant at new Moxy hotel
Star Tribune - April 22, 2019

Developer has $38 million hotel rehab plan for historic Shell Building
St. Louis Post-Dispatch - April 22, 2019

INSIDE LOOK: 12-story Hotel Distil and Moxy progress
Business First of Louisville - April 24, 2019

Best Western opens 4 properties
Hotel Management - April 23, 2019

Marcus Hotels & Resorts Launches Renovation of Wisconsin's Hilton Madison Monona Terrace
Hotel Online - April 24, 2019
Northeast
Marriott to build world's tallest modular hotel in NYC
Hotel News Now - April 19, 2019

$2.6B Encore Boston Harbor to Open in June
Commercial Property Executive -
April 23, 2019

New hotel in Orange targeting late July opening
Connecticut Post - April 22, 2019

Rockford Embassy Suites hotel on time and on budget
Rockford Register Star - April 24, 2019
Southeast
Pinnacle Hospitality Partners to Open 134-Key SpringHill Suites by Marriott in Brentwood, Tennessee
Hotel Online - April 23, 2019

Greensboro LLC buys Comfort Suites in Whitsett for $6.1 million
The Business Journal of the
Greater Triad Area - April 23, 2019

New Castle Hotels & Resorts Opens Cambria Hotel Charleston Riverview
Hotel Online - April 24, 2019

Construction starting on Baton Rouge Health District hotel, $18M Element by Westin
The Advocate - April 23, 2019

Downtown Memphis Aloft Hotel opening in summer 2020
Memphis Business Journal - April 24, 2019

Full-Scale Renovation Underway at Residence Inn Atlanta Duluth/Gwinnett Place to Be Completed Early Summer 2019
Hotel Online - April 23, 2019
Texas
Children's Health plans new medical campus on the tollway in Prosper
The Dallas Morning News - April 25, 2019

AJ Capital Partners Acquires the Lumen Hotel in Dallas, Texas
Hotel News Resource - April 22, 2019

There's a New $800M Ball Game in Hutto, TX
Commercial Property Executive - April 25, 2019
Canada
Rise of ghost hotels casts pall over Toronto rental market
Vancouver 24 hrs - April 22, 2019

Vancouver searching for solutions to disappearing hotel rooms
Business in Vancouver - April 24, 2019

Holiday Inn Express Woodstock's $2M reno
Canadian Lodging News - April 18, 2019
Other Industry News
STR: US hotel performance for Q1 2019
Hotel News Now - April 23, 2019

Study: 81% of Consumers Want Experience Recommendations From Hotels
Hotel Business Magazine - April 23, 2019

Independent boutiques aim to stand out in growing space
Hotel News Now - April 24, 2019
Featured Listing
Marriott TownePlace Suites Tracy (Development)
Tracy, CA
- Shovel-Ready Hotel 
Development Opportunity
- Surrounded by Employers Including Amazon, Pepsi, Crate & Barrel, Kellogg's, The Home Depot & More
- Excellent Visibility from
Interstate 205
Recent Closings
Best Western Capistrano Inn
San Juan Capistrano, CA
$14,350,000

Catalina Island Inn
Avalon, CA
$9,500,000

Econo Lodge Inn & Suites Near China Lake Naval Station
Ridgecrest, CA
$3,400,000


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
Ontario, CA
(909) 456-3420
Ontario, CA
(909) 456-7023
Baltimore, MD
(443) 703-5029