North America
Commonwealth Hotels Acquires 2 Houston Properties
Overall, stocks gave back most of their pre-market gains. Lodging stocks wound up mixed on the day.
Commonwealth Hotels acquired the 120-suite Residence Inn Houston-West University and the 100-room Courtyard by Marriott Houston-West University.
Aimbridge Hospitality announced the expansion of its portfolio with the addition of three extended stay properties recently acquired by Three Wall Capital, LLC.