Dallas Could Get a $800 Million, 30-Story Hotel
Skift Take
A developer plans to build an $800 million, 30-story hotel on land in downtown Dallas, Texas. Plus, other hotel deal news.
The DJIA fell 34 points, the Nasdaq was up a point, the S&P 500 was down 15 points, and the 10-year treasury yield was unchanged at 4.14%. The closing indexes seemed a lot calmer than the market really was. Lodging stocks were mixed.
Morgan Stanley cut its price target on Choice Hotels to $83 from $91. It maintained its Underweight rating.
Waikoloa Beach Marriott Resort & Spa announced the completion of its full guestroom renovation. Nestled along the Kohala Coast of Hawai’i Island, the resort features 297 newly re-imagined guestrooms and suites, a white sand beach, three pools, historic fishponds, and award-winning dining.
Newbond Holdings and HEI Hotels & Resorts announced the completion of a comprehensive renovation of the Aloft Tampa Downtown, located in Tampa, Florida. The $5 million renovation enhanced key areas throughout the hotel, including redesigned guestroo
