In May, the most-read Hotel News Now content of the month included several major transactions in the U.S. hotel industry.
Click on each headline to read more, and below check out the Hotel News Now editorial team's top picks from the month.
article5 Min ReadMay 07, 2024 03:46 PMApple Hospitality REIT CEO Justin Knight said the economic climate is bringing more hotels to market and keeping larger investors on the sidelines, which opens up more acquisition opportunities for his company.
article1 Min ReadMay 29, 2024 10:27 AMBlackstone Real Estate is selling the 450-room Turtle Bay Resort to Host Hotels & Resorts for $725 million.
article1 Min ReadMay 13, 2024 10:37 AMLondon-based Henderson Park bought the 705-key Arizona Biltmore, LXR Hotels & Resorts, from BRE Hotels & Resorts in a deal priced at $1 million per key.
article2 Min ReadMay 01, 2024 05:17 PMHost Hotels & Resorts bought the 1 Hotel Nashville and accompanying Embassy Suites by Hilton Nashville Downtown for $530 million due to its new condition, prime location in the market and desirable amenities offered.
article3 Min ReadMay 09, 2024 04:02 PMIn a major shake-up of Aimbridge Hospitality's executive structure, Mark Tamis and Allison Reid are leaving as Eric Jacobs of Marriott is set to join in June and two other executives see their roles expand.
HNN Staff Picks
- Stephanie Ricca: The Factors To Consider When Asking a Guest To Leave a Hotel's Public Spaces
- Sean McCracken: What To Expect From International Travel to the US
- Terence Baker: The UK's 'Left Behind' Towns Hope for High Street Funding and That Hotels, Retail Will Follow
- Bryan Wroten: Trinity Looks To Carve Out European Footprint with Hotel Investments
- Trevor Simpson: Austin Market Still Searching for Its Identity
- Dan Kubacki: US Hotels’ Hot Start in May Should Taper, but Weekday and Group Demand Are Steady Nationwide