Hospitality MarketWatch
Week of September 9th - September 13th

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.
Marcus & Millichap
Marcus & Millichap sells 58-room hotel in Wisconsin
RE Journals - September 08, 2019
California
Developers plot new Hilton Garden Inn in North Fresno
RE Journals - September 08, 2019
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Vacaville holds grand opening for new Hyatt Place Hotel 
The Reporter - September 06, 2019
West
NewcrestImage moves west with Phoenix ground-breaking
Hotel Management - September 06, 2019
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PEG Companies Opens NEw Staybridge Suites Hotel in Phoenix
Valdosta Daily Times - September 10, 2019
 
The Sheraton Denver Downtown Embarks on $80 Million Phased Renovation
Hotel Online - September 11, 2019

Wynn convention center expansion ahead of schedule
The Las Vegas Sun - September 11, 2019
Midwest
KSL Capital Partners Agrees to Acquire H istoric Grand Hotel on Michigan's Mackinac Island
REBusinessOnline- September 11, 2019
Gettys Group, Samuelson Furniture collaborate for Hotel Julian
Hotel Management - September 10, 2019
 
Marriott opens new hotel in downtown Des Moines
RE Journals - September 10, 2019
Northeast
Developers propose Back Bay hotel at site of Red Lantern restaurant
Boston Business Journal - September 11, 2019

Rosewood Washington, D.C. opens new dining destinations, reimagines public spaces
Hotel Management - September 10, 2019
Hotel Band Opens First D.C. Location in Dupont Circle, Plans Expansion
Bisnow - September 09, 2019
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Microtel Inn & Suites to open in Gambrills, Md.
Hotel Management - September 09, 2019
Southeast
McKibbon breaks ground on two extended-stay hotels in Florida
Hotel Management - September 09, 2019

How A Year-Old, New York-based Hotel Brand Is Taking Miami By Storm
Bisnow - New York - September 11, 2019

Updated Design, Details Unveiled for Planned 14-Story Atlanta Airport Hilton
What Now Atlanta - September 09, 2019

Atma Hotel Group Acquires Courtyard by Marriott and Sheraton Europa in Chapel Hill
Hotel Online - September 06, 2019
Texas
Austin's most anticipated hotel za-za-zooms into downtown with rooftop bar
CultureMap Austin - September 10, 2019

Dual-branded Tru and Home2 Suites opens in San Antonio 
Hotel Management - September 09, 2019

Hotel Equities Opens Home2 Suites by Hilton-Rosenberg Sugar Land Area in Houston 
Hotel Online - September 10, 2019
Other Industry News
Essex House, St. Francis and other iconic hotels sold 
Fox Business - September 11, 2019
A look at hotel, short-term rental compression nights
Hotel News Now - September 11, 2019

Immersive entertainment a new opportunity for hotels
Hotel News Now - September 11, 2019
Featured Listing
Marriott Delta Conversion (Holiday Inn Solomons Conference Center & Marina)
Solomons, Maryland
- 3.1x Room Revenue Multiplier
- Recently Renovated in 2017
- 1 Mile from Chesapeake Bay
- Largest Conference Center in Southern Maryland
- 9 Miles to Patuxent Navel Air Station
Recent Closings
Days Inn Fontana Rialto
Rialto, CA
$9,250,000
Holiday Inn Express Development Land
Longmont/Firestone, CO
$999,999
Comfort Inn & Suites
Omaha, NE
$4,800,000

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
Justin Bowen
Ontario, CA
(909) 456-7023

Zac Walsh
Baltimore, MD
(443) 703-5029
Tulsee Nathu
Oakland, CA
(806) 676-6584
Ontario, CA
(909) 456-3420