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The Minneapolis-St. Paul MSA: A Lagging Recovery

Hospitality Net

Coming out of past recessions, the diverse employment base has benefited the Minneapolis-St. Paul market. Major employers within the medical technology, consumer goods, healthcare, higher-education, financial, and consumer goods industries and sectors have historically generated a sufficient level of hotel demand.

Consumer 130
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Holiday Inn Express & Suites Houston Northwest Tomball Area in Tomball, TX Listed for Sale

Hotel News Resource

HVS Brokerage & Advisory presents the opportunity to acquire the 72-key Holiday Inn Express & Suites Houston Northwest Tomball Area, a limited-service hotel asset in Tomball, Texas, which is part of the Houston-The Woodlands-Sugar Land MSA.

Sales 45
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Peachtree Group closes third Delaware Statutory Trust

Hotel Business

The other two DST acquisitions included the 100-key Courtyard by Marriott Atlanta Kennesaw (Atlanta MSA) and the 126-key Home2 Suites by Hilton Chandler (Phoenix MSA). These two properties also benefit from strong, growing and diversified demand drivers, according to Peachtree. All three acquisitions, totaling more than $83.8

Closing 111
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180 Room Hilton Garden Inn Denver Tech Center Hotel Acquired by Peachtree Group

Hotel News Resource

The seven-story hotel is located in the heart of the Denver Tech Center, one of the Denver MSA's prominent employment hubs and the largest office submarket outside of the Central Business District, with 8.8 million sq ft of Class-A space.

Hotels 78
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TownePlace Suites by Marriott Houston Tomball in Tomball, TX Listed for Sale

Hotel News Resource

HVS Brokerage & Advisory, as the sole and exclusive advisory firm to ownership, presentsthe opportunity to acquire the 89-key TownePlace Suites by Marriott Tomball, an under-construction, extended-stay, limited-service hotel asset in Tomball, Texas, which is part of the HoustonÐThe WoodlandsÐSugar Land MSA.

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Kalyan Hospitality purchases two Roanoke hotels

Hotel Business

The buyer is a significant regional owner who plans to improve their economies of scale within the growing Roanoke MSA. “We were thrilled to represent ownership on these high-yielding and well-maintained hotels in Roanoke,” said Perrin. The new owners will renovate the hotels to current brand standards.”

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Hilton Garden Inn Dallas Duncanville in Duncanville, TX Listed for Sale

Hotel News Resource

This offering represents a unique opportunity to acquire a premium full-service asset with significant potential for value enhancement in a thriving submarket of Dallas Fort Worth MSA.

Sales 45