IllinoisHospitality Chicago developer acquires Motor Row site for possible future hotel Fern Hill has acquired 2328 S. Michigan Avenue in Chicago’s Motor Row neighborhood. The developer reportedly purchased the asset from JRG Capital Partners for more…
MidwestHospitality COVID-19 and the hotel industry: Investors bracing for long recovery Expect a long recovery period for hotels hit hard by the COVID-19 pandemic. Members of The Lodging Industry Investment Council -- a think tank representing…
KentuckyHospitality Hilton’s first Tempo property will rise in Louisville Hilton has started construction of its first Tempo by Hilton property, hosting a ground-breaking ceremony in Louisville, Kentucky’s trendy NuLu neighborhood.
IllinoisHospitality CBRE arranges sale of 72-room Baymont Inn & Suites in Galesburg, Illinois CBRE recently represented Auburn Classic Hotel Group, LLC in the sale of Baymont Inn & Suites, a 72-room hotel in Galesburg, Illinois, to Pat Patel.…
IndianaHospitality CBRE sells Hampton Inn in downtown Indianapolis CBRE closed the sale of the 180-room downtown Indianapolis Hampton Inn. Peachtree Hotel Group acquired the property from 105 S. Meridian Inc. A purchase price…
KansasHospitality Hilton Garden Inn Kansas City wraps major renovation The Hilton Garden Inn Kansas City Kansas recently completed a multi-million-dollar hotel transformation project, a project that includes refreshed guestrooms, lobby, meeting space, restaurant, fitness…
MissouriHospitality 136-room Marriott opening in downtown St. Louis A 136-room Fairfield by Marriott hotel opened last week in downtown St. Louis as part of a transformation of the Downtown West area of the…
MinnesotaHospitality CBRE report: AirBNB, VRBO rentals will impact hotel markets in 2020 Hotel owners have reason to worry about the continued growth of services such as AirBNB and VRBO. Short-term vacation rentals will remain popular in 2020,…
MinnesotaHospitality My Place hotel expands to Minneapolis region Following its fifth year in franchising, My Place Hotels are officially in half of the United States with its newest hotel opening in Minnesota this…
MissouriHospitality Poettker completes renovation of Seven Gables Inn in Missouri Poettker Construction recently completed the Seven Gables Inn renovation in Clayton, Missouri. As this hotel is listed on the National Register of Historic Places and…