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.…
Hospitality
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…
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…
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…
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,…
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…
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…
Marriott Cleveland Airport Hotel hitting the auction block
CBRE has been awarded the listing assignment for the sale of the 372-room Marriott Cleveland Airport hotel. The hotel will be going to auction February…
Minneapolis’ United Properties names VP of hospitality
Minneapolis-based United Properties has named Scott Peterson vice president of hospitality and office development effective Jan. 1, 2020.
Marriott opens dual-branded hotel in Lexington
Marriott International on Jan. 8 opened a dual-branded Marriott Hotels and Residence Inn by Marriott property in downtown Lexington, Kentucky.