Alchemy Sells Wyndham-Branded Chicago Hotel
Alchemy announced the sale of the La Quinta Inn & Suites by Wyndham Downtown Chicago, a 230-room hotel in Chicago's Loop. Plus, more hotel deal and development news.
Kim Woinski
Kim is Vice President of Gaming USA Corporation, the previous owner of the Daily Lodging Report, now owned by Skift. Kim is the primary writer of the Daily Lodging Report – North America. Kim moved to Southwest Florida in July of 2020 and recently became a first time grandmother to baby Susie.
16-Hotel Extended Stay America Portfolio Is Sold
Affiliates of Lodging Advisory Group sold a 16-hotel, 1,775-room, five-stay Extended Stay America portfolio. Plus, more hotel deal and development news.
Braemar Plans to Trim Ashford Ties and Self-Manage as a REIT
Braemar plans to terminate its advisory agreement with Ashford and create its own REIT management team. Plus, hotel development news.
The U.S. Sells Waldorf Astoria in Washington, D.C., for $80 Million
The federal government sold Washington, D.C.,'s former Old Post Office building, now a Waldorf Astoria hotel, to BDT & MSD Partners. Plus, more hotel deal and development news.
Marriott Formally Enters Joint Venture With Lefay Founders
Marriott International has formally entered into a joint venture with the Leali family, founders of Lefay. Plus, more hotel deal and development news.
CoStar: Luxury Travelers Show No Pushback on Higher Hotel Rates
CoStar expects demand growth to continue across all price points, with luxury outperforming and the high-end customer showing no pushback on higher ADRs. Plus, more hotel deal and development news.
Jefferies Says Marriott, Hilton, Wyndham Are Best Positioned in Current Hotel Environment
Jefferies described its NYU/NAREIT meetings as being among the most constructive in recent memory. Plus, other hotel deal and development news.
U.S. Hotel REITs Forecast to Have a Stronger Year
Colliers expects the overall US lodging demand to grow at 1.3%, mostly on pricing power rather than occupancy. Plus, other hotel deal and development news.
Houston Set to Get 153-Room AC Hotel by Marriott
A $19 million construction project has started on the AC Hotel by Marriott CityCentre Houston. Plus, more hotel deal and development news.
Barclays Says Hotels Have AI Edge Over OTAs
Lots of enthusiasm for hotel development at the NYU IHIF conference. Plus, other hotel development news.