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Hospitality

Waterton’s Zettl: Pace of hotel construction remains strong in Chicago, across the Midwest

Several cities across the United States stand to benefit from new hotel construction this year, according to the latest research from Marcus & Millichap, with…
Dan Rafter April 1, 2017

Four benchmarks for evaluating new hotel projects

The hospitality sector is in the sixth year of a bull run after the 2009-2010 economic downturn. Most markets across the country are enjoying record-high…
Staff Writer April 1, 2017
MidwestHospitality

Cicero’s completes renovations on Residence Inn near Chicago’s Midway Airport

Cicero's Development Corp. has completed of a property-wide renovation of the Residence Inn by Marriott hotel located just minutes from Chicago's Midway Airport in nearby…
Staff Writer April 1, 2017
MinnesotaHospitality

Developers break ground on new Mystic Lake Hotel & Convention Center in Minnesota

Construction on the 12-story Mystic Lake Hotel Tower and Convention Center in Minnesota is now underway.
Staff Writer April 1, 2017
MidwestHospitality

Developers to bring two Cambria hotels & suites to downtown Chicago

Choice Hotels International, Inc. recently joined developers Fillmore Capital Partners, Fillmore Hospitality and Murphy Asset Management to announce the debut of two new Cambria hotel…
Staff Writer April 1, 2017
OhioHospitality

Marcus & Millichap: New hotel rooms popping up across the Midwest

Several cities across the United States stand to benefit from new hotel construction this year, according to the latest research from Marcus & Millichap.
Dan Rafter April 1, 2017
OhioHospitality

Holiday Inn & Suites hotel in Lima, Ohio sells for $11 million

Common area amenities include an indoor pool, a fitness center, business center, meeting room, on-site restaurant, ice machine, and free breakfast, newspaper and Wi-Fi.
Staff Writer April 1, 2017
MidwestHospitality

HREC Investment Advisors adds SVP to staff

Veteran hotel development and transaction advisor Tom Huegel has joined HREC Investment Advisors as a senior vice president.
Staff Writer April 1, 2017
MichiganHospitality

Michigan to get its first Home 2 Suites by Hilton hotel in Holland

Home 2 Suites by Hilton is bringing its first Michigan location to Holland on West Shore Drive. The innovative all-suites extended stay hotel is pet-friendly…
Staff Writer April 1, 2017
MichiganHospitality

Former Steelcase Pyramid site in Grand Rapids, Michigan to get two new hotels

NAI Wisinski broker Rod Alderink represented West Michigan Investment Properties in the sale of 4888 Town Center Drive to Grand Hospitality Management. Grand intends to…
Staff Writer April 1, 2017
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