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Accommodations

Hilton Brooklyn New York Unveils $5.5M Renovation, Blending Modern Comfort with Historic Charm

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SHERIDAN, WYOMING – April 8, 2025 - A revitalized guest experience rooted in Brooklyn’s storied past
Hilton Brooklyn New York has officially completed a sweeping $5.5-million renovation, elevating the guest experience while honoring the building’s rich maritime history. Managed by HHM Hotels and owned by Ohana Real Estate Investors, the refreshed hotel now features contemporary updates across its guestrooms, meeting spaces, and public areas.

Hunter Secures $31.47M in Strategic Hotel Financing Across Three Key U.S. Markets

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SHERIDAN, WYOMING – April 8, 2025 - In a significant move reflecting ongoing confidence in the U.S. hospitality sector, Hunter Hotel Advisors has successfully closed $31.47 million in financing for three hotel properties located across Texas and South Carolina. The transactions highlight diverse lending sources, healthy market dynamics, and a continued appetite among lenders for well-positioned assets in strong-performing markets.

Strong Lending Momentum for Key Hotel Assets

Nightcap Management Expands Portfolio with Acquisition of Two Premier Hotels in Glenwood Springs, Colorado

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SHERIDAN, WYOMING – April 8, 2025 - Leading Midwest Hospitality Developer Invests in Thriving Colorado Travel Market

Nightcap Management, a full-service hotel development and management company based in Lincoln, Nebraska, has acquired the 70-room Hampton Inn Glenwood Springs and the 64-room Holiday Inn Express Glenwood Springs. The adjacent properties are located in the heart of Glenwood Springs, Colorado—a region experiencing sustained growth as a prime drive-to leisure destination.

Legendary Capital Finalizes $10.1M Sale of Indianapolis Holiday Inn Express, Citing Strategic Growth Plan

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SHERIDAN, WYOMING – April 8, 2025 - Strategic divestiture reflects strong market position and proactive asset lifecycle approach
Legendary Capital, a leading hotel asset management firm, has officially sold its Holiday Inn Express property in Indianapolis for $10.1 million. The sale underscores the company’s disciplined investment strategy and commitment to maximizing value across its portfolio.

Fairfield Inn & Suites in Avon, Ohio Sold by Laurel Real Estate Co. Strategic Cleveland-Area Hotel Changes Hands in Competitive Market

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SHERIDAN, WYOMING – April 8, 2025 - Boutique Brokerage Facilitates Successful Hotel Sale in High-Demand Cleveland-Area Market

In a noteworthy transaction for the Greater Cleveland hospitality scene, the Fairfield Inn & Suites in Avon, Ohio has officially changed ownership. Laurel Real Estate Co., a boutique real estate brokerage and proud member of Hotel Brokers International, served as the sole brokerage in the sale, exclusively representing the seller.

Strategic Location Fuels Investor Interest

Sonesta Select Minneapolis Eden Prairie Sold to Local Operator, Signaling Hospitality Market Rebound

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SHERIDAN, WYOMING – April 8, 2025 - Sonesta Select Minneapolis Eden Prairie Sold to Local Operator in Promising Market Move New ownership signals confidence in Twin Cities hospitality recovery HREC Investment Advisors has successfully arranged the sale of the 149-room Sonesta Select Minneapolis Eden Prairie, marking a notable transaction in the Twin Cities hotel market. The property, located in Eden Prairie, Minnesota, was acquired by Eden Hotels LLC, a local owner/operator based in Minneapolis.

Hospitality Sector Deserves a Seat at the Cabinet Table, Says DZG

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SHERIDAN, WYOMING – April 8, 2025 - DZG Urges Chancellor-Designate Merz: Put the Hospitality Sector at the Cabinet Table

Thinktank calls for creation of a State Minister for Tourism and Hospitality directly in the Chancellery

Marriott International Expands with City Express Debut in U.S.

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SHERIDAN, WYOMING – Saturday 22. March - Marriott International Inc. has officially launched its City Express by Marriott brand in the United States, marking a significant step into the affordable midscale lodging sector. The opening of City Express by Marriott Duluth in Duluth, Georgia, represents the brand’s first U.S. property, signaling a major expansion initiative. This move aims to bring the successful City Express model, already well-established in the Caribbean and Latin America (CALA) region, to U.S. and Canadian travelers.