Hospitality MarketWatch
Week of March 18th - March 22nd

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California
Driftwood Acquisitions & Development Enters California Market With $85.7 Million Acquisition of 353-Key Marriott Mission Valley in San Diego
Hotel Online - March 20, 2019

SnapShyft Expanding to San Francisco
Inside INdiana Business with Gerry Dick - March 15, 2019

R.D. Olson Breaks Ground on Dual-Branded Home2 Suites and Hilton Garden Inn Adjacent to Disneyland in Anaheim, California
Hotel Online - March 18, 2019
West
Paris Las Vegas redesigns 2,900 rooms, launches new Voie Spa & Salon
Hotel Management - March 19, 2019

Hotelier planning 14-story project pays $8M for downtown parking lot
BusinessDen - March 20, 2019

Loveland hotel occupancy rates remain strong
Loveland Daily Reporter-Herald - March 20, 2019
Midwest
Why hundreds of new hotel rooms are coming to Downtown Dayton
Dayton Daily News - March 17, 2019

3-property Hampton Inn portfolio changes hands
Hotel Management - March 17, 2019

Bridge View hotel update Tuesday
Ottumwa Courier - March 15, 2019
Northeast
Element hotel at Peninsula Town Center nearing completion; Hyatt Place in Hampton opens
Daily Press - March 13, 2019

Drury Plaza Hotel near Short Pump nearing completion
Richmond.com - March 16, 2019

A new breed of hospitality start-up is recasting Center City apartments as quick-stay hotels

Hospitality upstart Selina adds two more New York locations
Real Estate Weekly - March 20, 2019

A hotel in Long Island City will be converted into a 'short stay' co-living spot
6sqft - March 20, 2019
Southeast
Apple Hospitality REIT Acquires Home2 Suites by Hilton Orlando Airport for $20.7 Million or $162K per Key
Hotel Online - March 20, 2019
 
Choice Hotels Opens Tampa Property
March 18, 2019
 
Construction Underway for REVERB by Hard Rock™ Hotel Downtown Atlanta Opening February 2020
Hotel Online - March 20, 2019
 
Sree Hotels opens Myrtle Beach, S.C., Residence Inn
Hotel Management - March 18, 2019
 
Chartwell Hospitality Breaks Ground on SpringHill Suites at McEwen Northside Near Downtown Franklin, Tennessee
Hotel Online - March 19, 2019
 
Universal Orlando announces opening date for Surfside Inn and Suites hotel
Orlando Sentinel - Business - March 20, 2019
 
Jacksonville Beach Margaritaville Hotel secures financing, breaks ground
The Daily Record - March 18, 2019
 
Orlando hotels expect booking surge now that Star Wars: Galaxy's Edge at Disney has opening date
Orlando Sentinel - Business - March 14, 2019
Texas
University of Houston Hilton Hotel to get $30.4M upgrade
Houston Business Journal - March 18, 2019

These Houston hotels check in among the most lucrative in Texas
CultureMap Houston - March 20, 2019
 
Council Report: Museum District hotel moving forward
Fort Worth Business - March 19, 2019
Canada
Canada Sees Its Biggest Influx of Immigrants Since World War I
Bloomberg - March 21, 2019

Canada adds jobs in February, led by professional services
Reuters - March 21, 2019
Other Industry News
Comfort Brand Continues U.S. Expansion Amid Transformation
Hotel Business Magazine - March 20, 2019

Market insights: Where indie developers built and why
Hotel News Now - March 19, 2019
 
Indie hoteliers see rise, value in co-working culture
Hotel News Now - March 19, 2019
Featured Listing
Holiday Inn Chicago Matteson Conference Center
Matteson (Chicago), IL
- 29% 5-Year IRR
- Near Hollywood Casino Amphitheater & Ford Chicago Stamping Plant
- Surrounded by Employers such as Amazon, FedEx & Clorox


Recent Closings
Americas Best Value Inn Richmond San Francisco
Richmond, CA
$5,280,001

Travelodge Big Bear Lake
Big Bear Lake, CA
$2,950,000

Best Western Stagecoach Inn
Pollock Pines, CA
$3,500,000


Phoenix, AZ
(602) 687-6791
Reno, NV
 (775) 348-5228

Ontario, CA
(909) 456-3441
Baltimore, MD
 (443) 703-5027
Portland, OR
 (503) 200-2048
Ontario, CA
(909) 456-3430
Portland, OR
(503) 200-2057
West Los Angeles, CA
 (310) 909-2313
Palm Springs, CA
 (909) 456-7029
Ontario, CA
(909) 456-3420
Ontario, CA
(909) 456-7023
Baltimore, MD
(443) 703-5029