Taylor Hospitality, a Waynesboro, Virginia-based hospitality management company, has completed its acquisition of The Blennerhassett, the 1889 landmark hotel in downtown Parkersburg, West Virginia. The 82-room hotel will be rebranded as The Blennerhassett, a Giovanni...
Hospitality Ventures Management Group (HVMG), an Atlanta-based hotel management company specializing in repositioning underperforming hotels and maximizing the performance of stabilized properties, announced the appointment of Pete Sams as president. Sams joins HVMG...
The California property that is considered the world’s first motel has been listed for sale. Hayes Commercial Group is marketing the 4.21-acre site just off Highway 101 in San Luis Obispo. There is no asking price for the property, which was the site of the Milestone...
The real estate development and investment firm Mast Capital, in partnership with Koch Real Estate Investments, has acquired The Islands of Islamorada Resort, a luxury resort in Islamorada, Florida, from the Frisbie Group. The financial terms of the deal were not...
Sunstone Hotel Investors Inc. (NYSE: SHO), a lodging real estate investment trust, announced the sale of the 821-room Hyatt Regency San Francisco to funds affiliated with Blackstone Real Estate (NYSE: BX), for a gross sale price of $279 million, or approximately...
Inflation Expectations Hit Three-Year High as Rent Outlook Climbs to 6.8%
