Geneva, Illinois hotel property sells for $6.2 million
Marcus & Millichap announced the sale of Comfort Inn & Suites, a 90-room hospitality property located in Geneva, Illinois, according to Steven D. Weinstock, regional…
Hospitality
Cressy Commercial leading $15 million renovation of former Indiana hotel
The Hotel Elkhart in Elkhart, Indiana, was originally built by a collection of civic leaders in 1923 and served as “Northern Indiana's Finest Hotel" for…
Residence Inn opens doors in Ohio community
A 106-suite Residence Inn by Marriott opened last week in Masion, Ohio. Located at 2511 Kings Center Court, the all-suite hotel will operate as a…
Courtyard, Residence Inn open in Knoxville
A combined 144-room Courtyard by Marriott and an 88-suite Residence Inn by Marriott has opened in Knoxville, Tennessee.
Marcus & Millichap sells 62-room hotel property in Fort Wayne
Marcus & Millichap closed the sale of Best Western Plus Fort Wayne Inn & Suites, a 62-room hotel property in Fort Wayne, Indiana. The asset…
Cicero’s Development to renovate DoubleTree Hotel at Chicago’s Midway Airport
Cicero's Development Corp., a Plainfield, Illinois-based general contractor, has been selected by Weglarz Company for the transformation and rebranding of the Holiday Inn Midway hotel…
Marcus & Millichap sells 56-room Super 8 in Wisconsin
Marcus & Millichap closed the sale of a 56-room Super 8 motel in Eau Claire, Wisconsin. The asset sold for more than $2.357 million.
For hotels, it’s all about the experience
Brand loyalty used to drive hotel guests' decisions, but there's been a shift toward experience. In order to balance guests' desires for convenience and exclusivity,…
Zacher Company sells five acres of land in Indiana
John Adams and Steve Zacher of The Zacher Company represented the seller, Residential Care IX, LLC in the sale of 5.066 acres of land at…
Missouri city welcoming first Avid hotel
The City of Belton, Missouri, has approved development plans for a 95-room Avid Hotel by Intercontinental Hotels Group. Located on the north side of 58…