Brookfield Buys a Sheraton Convention Hotel in Phoenix
Brookfield Hotel Properties has bought the Sheraton Phoenix Downtown, a 1,003-room convention center hotel. Plus more hotel deal and development news.
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What Concerns Hotel Asset Managers
The DJIA rose 49 points while the Nasdaq set yet another record, up 208, while the S&P 500 rose 31 points. The 10-year treasury yield was down .03 to 4.03%. Lodging stocks were modestly higher.The Hospitality Asset…
Alan Woinski and Kim Woinski |
Marriott Branded Residences' Open and Pipeline Portfolio Nears 300 Projects
Marriott signed agreements for hotels in: Detroit, Michigan; Muskoka, Canada; Gulf of Papagayo, Guanacaste, Costa Rica; and Jeddah, Saudi Arabia; bringing the Marriott Branded Residences total open and pipeline portfolio to around 300 projects.
Alan Woinski and Kim Woinski |