Hospitality

IllinoisHospitality

Pedestrian visitors to State Street surpass 1 million per week for the first time since the pandemic

Since July 2020, Chicago Loop Alliance (CLA) has released monthly reports on downtown activity using a variety of data sources to track operations during COVID-19, and today…

MinnesotaHospitality

StepStone Hospitality now managing Embassy Suites hotel in Minneapolis market

Rhode Island-based StepStone Hospitality, a hotel management company, has been awarded the management of The Embassy Suites by Hilton Bloomington/Minneapolis.The 232-room all-suite property features modernized atrium and meeting…

IllinoisHospitality

Oxford Capital Group, LLC announces acquisition of Thompson Chicago hotel

Oxford Capital Group, LLC today announced the acquisition of the 247-room, luxury lifestyle hotel Thompson Chicago, located in the prestigious Gold Coast neighborhood. Oxford Capital Group's wholly owned affiliate, Oxford…

OhioHospitality

First Hospitality opens Hyatt House hotel in Columbus

First Hospitality, a national hotel management and development company, has opened the Hyatt House Columbus/OSU-Short North at 633 W. 5th Ave. in Columbus. The lifestyle,…

TexasHospitality

Construction begins on 17-story Fairfield Inn & Suites in Austin

General contractor Arch-Con® Corporation is underway constructing a 17-story Fairfield Inn & Suites located at 76 East Avenue near Downtown Austin and Interstate 35 in…

IllinoisHospitalityMultifamily

Progress on Michael Reese Hospital redevelopment and Obama Presidential Center

There has been significant progress made this week on two transformative developments for the southern lakefront in Chicago: the approval of the $4 billion redevelopment…

OhioHospitality

Reichle Klein Group closes $1.1 million sale of former 94-room hotel in Ohio

Reichle Klein Group recently arranged a $1.1 million receivership sale of a former 94-room motel in Bowling Green, Ohio. Reichle Klein Group's Ryan Miller and…

S DakotaHospitality

Marcus & Millichap sells 87-room motel in South Dakota

Marcus & Millichap closed the sale of Motel 6 Sioux Falls, an 87-room hospitality property in Sioux Falls, South Dakota. The motel sold for $2.25…

MichiganMidwestMinnesotaHospitality

LightBox report: Finding signs of life in the hospitality sector

Cautious optimism for the hospitality sector. That's the theme of the latest research report from LightBox.

MinnesotaHospitality

Where are the business travelers? Pandemic still a drag on Minneapolis hotel market

Hotels across the country are still struggling with the impact of COVID-19, mainly because the number of people traveling for business has dropped so dramatically.…