Hospitality MarketWatch
Week of May 9th - May 13th

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National
Marriott's bid for Starwood challenged in suit
Tuesday May 10, 2016

Brands Take on OTAs by Offering Lower Rates for Direct Booking
Tuesday May 10, 2016

Choice Sees Modest Gains in Q1
Thursday May 5, 2016
California
Q1 Attendance up at Disneyland
Tuesday May 10, 2016

Tourism fee could be dropped for some small hotels
Friday May 06, 2016

Tourism Authority Cites Competition, Urges Continued Funding
Thursday May 05, 2016

Developers Get Financing, Start Construction on InterContinental Hotel
Tuesday May 10, 2016

Virgin Hotel gets Palm Springs incentive
Thursday May 05, 2016

Hotel planned for historic building in San Francisco's Union Square
Monday May 09, 2016
West
Station Casinos parent company buys Palms for $312M
Tuesday May 10, 2016

Downtown Denver office building being remodeled into hotel
Tuesday May 10, 2016

Aloft Scottsdale Opens
Friday May 6, 2016

Port of Vancouver, WA Terminal 1 will get Marriott AC Hotel
Tuesday May 10, 2016
Midwest
Study Shows Lack of Action in Chicago over Airbnb
Saturday May 07, 2016

Columbus, OH hotel occupancy flat, but future bookings up
Saturday May 07, 2016

Warren, MI rejects hotel proposal near GM's Tech Center
Thursday May 05, 2016

Plans for Ypsilanti Township, MI hotel near I-94 move forward
Thursday May 05, 2016

New hotel rooms popping up across Midwest
Thursday May 05, 2016
Northeast
EB-5 Funds Raised for Dual-brand Hotel in DC
Monday May 9, 2016

Upgrades planned for Philly area hotel after $13M acquisition
Thursday May 05, 2016

Best Western's new Vib concept coming to Staten Island
Friday May 06, 2016

Wyndham in Andover, MA Reopens as DoubleTree
Monday May 09, 2016
Southeast
Developer buys downtown Nashville site for $40M hotel
Thursday May 05, 2016

Downtown Memphis hotel sold
Tuesday May 10, 2016

Disney World attendance slips
Tuesday May 10, 2016

South Florida mixed-use project with hotel gets initial approval
Thursday May 05, 2016

Blarney Castle Motel in Fort Lauderdale sold for $3.6 million
Tuesday May 10, 2016

Atlanta airport hotel project moving forward
Friday May 06, 2016
Texas
Luxury hotel in the works for McKinney's Craig Ranch
Monday May 09, 2016

Fairfield Inn to Open in San Antonio
Wednesday May 11, 2016

Drilling Company Relocating 150 Workers to The Woodlands
Wednesday May 11, 2016
Canada
Bluesky Buys Hotel REIT
Wednesday May 11, 2016

BoC Should Mull Rate Cut Again if Needed
Monday May 9, 2016

Economic Fallout of Wildfire Could be Significant
Thursday May 5, 2016
Other Industry News
Lenders Tighten CRE Borrowing Standards
Friday May 06, 2016

China Commission to Probe Anbang Deals
Tuesday May 10, 2016

Qatar group in talks for Starwood's St. Regis hotels
Thursday May 05, 2016

Ashford Works to Sell Select-Service Portfolio; Cites Market Shift
Monday May 9, 2016

Nazarian's SBE to buy Morgans Hotel Group
Tuesday May 10, 2016
Presented By
GORDON ALLRED
First Vice President Investments
Senior Director, NHG
(714) 319-1650
License CA: 00927200

J USTIN B OWEN
Associate
Associate Member, NHG
(909) 456-7023
License CA: 01462239

Featured Listing
Hotel Bellwether
Bellingham, WA
Pride of Ownership Trophy Asset
Premier Waterfront Hotel with Award-Winning Restaurant
(Click picture for more information)

Recent Closings
Springhill Suites Port St. Lucie
Port St. Lucie, FL
$5,700,000


Holiday Inn Express Show Low
Show Low, AZ
$5,550,000