February 2023

DENVER, CHICAGO, & MINNEAPOLIS—HREC Investment Advisors announced it has arranged the sale of the 111-room Hampton Inn Cadillac located in Cadillac, Michigan. HREC Investment

FAIRFAX, Virginia—Crestline Hotels & Resorts, LLC announced that Bighorn Hospitality, LLC selected Crestline to manage the 263-guestroom Sheraton Denver Tech Center Hotel in

PARSIPPANY, New Jersey—Wyndham Hotels & Resorts announced the expansion of its BOLD by Wyndham program. In just over six months, the program has signed deals for 18 hotels ac

IHG Hotels & Resorts formally released its full-year 2022 financial results report. Key metrics from the report include: IHG reported further significant improvement in trading

OKLAHOMA CITY—Ryan McNeill of Veritas Development announced Lively Hotel, a 132-key boutique hotel, will join the community at OAK, the 20-acre mixed-use district. Gatehouse Capi

DENVER and ASPEN, Colorado—Continuum Partners LLC announced that it has sold an interest in Hotel Born to Aspen Hospitality, the hospitality division of Aspen Skiing Company. The

WASHINGTON—Hotel-generated state and local tax revenue will reach new heights nationally ($46.71 billion) and in states across the nation this year, according to state-by-state p

DALLAS, Texas—Remington Hotels announced its management agreement for La Quinta Inn & Suites by Wyndham Lakeway. Located in the city of Lakeway, the property marks Remington�

The hospitality industry has never seen more change, challenges, and opportunities since the invention of the national highway system. If you are not flexible and adaptive, you wil

LOS ANGELES—JLL’s Hotels & Hospitality Group announced that it closed the sale of the Element Basalt Aspen, a 113-key extended-stay hotel in Basalt near Aspen, Colorado. JL