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Nightcap Management Expands Portfolio with Acquisition of Two Premier Hotels in Glenwood Springs, Colorado

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SHERIDAN, WYOMING – April 8, 2025 - Leading Midwest Hospitality Developer Invests in Thriving Colorado Travel Market

Nightcap Management, a full-service hotel development and management company based in Lincoln, Nebraska, has acquired the 70-room Hampton Inn Glenwood Springs and the 64-room Holiday Inn Express Glenwood Springs. The adjacent properties are located in the heart of Glenwood Springs, Colorado—a region experiencing sustained growth as a prime drive-to leisure destination.

Legendary Capital Finalizes $10.1M Sale of Indianapolis Holiday Inn Express, Citing Strategic Growth Plan

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SHERIDAN, WYOMING – April 8, 2025 - Strategic divestiture reflects strong market position and proactive asset lifecycle approach
Legendary Capital, a leading hotel asset management firm, has officially sold its Holiday Inn Express property in Indianapolis for $10.1 million. The sale underscores the company’s disciplined investment strategy and commitment to maximizing value across its portfolio.

Fairfield Inn & Suites in Avon, Ohio Sold by Laurel Real Estate Co. Strategic Cleveland-Area Hotel Changes Hands in Competitive Market

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SHERIDAN, WYOMING – April 8, 2025 - Boutique Brokerage Facilitates Successful Hotel Sale in High-Demand Cleveland-Area Market

In a noteworthy transaction for the Greater Cleveland hospitality scene, the Fairfield Inn & Suites in Avon, Ohio has officially changed ownership. Laurel Real Estate Co., a boutique real estate brokerage and proud member of Hotel Brokers International, served as the sole brokerage in the sale, exclusively representing the seller.

Strategic Location Fuels Investor Interest

Sonesta Select Minneapolis Eden Prairie Sold to Local Operator, Signaling Hospitality Market Rebound

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SHERIDAN, WYOMING – April 8, 2025 - Sonesta Select Minneapolis Eden Prairie Sold to Local Operator in Promising Market Move New ownership signals confidence in Twin Cities hospitality recovery HREC Investment Advisors has successfully arranged the sale of the 149-room Sonesta Select Minneapolis Eden Prairie, marking a notable transaction in the Twin Cities hotel market. The property, located in Eden Prairie, Minnesota, was acquired by Eden Hotels LLC, a local owner/operator based in Minneapolis.

Lina Scherer Appointed as New President of CoreNet Global Central Europe

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SHERIDAN, WYOMING – April 8, 2025 - A strategic leadership transition at the forefront of corporate real estate

Lina Scherer, Vice President of Corporate Real Estate Management Europe at Schaeffler, has officially assumed the role of President of CoreNet Global (CNG) Central Europe as of April 1, 2025. She takes over from Locke McKenzie, who held the position since April 2023 and will continue to serve on the board as Past President.

Corporate Real Estate Salaries Continue to Climb in 2024, CoreNet Global Survey Reveals

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SHERIDAN, WYOMING – April 8, 2025 - Corporate Real Estate Professionals See Continued Salary Growth in 2024, CoreNet Global Reports

Strong Salary Increases and Positive Outlook for CREM Experts

Corporate Real Estate Management (CREM) professionals continue to experience steady salary increases, according to the latest CoreNet Global End User Compensation Survey 2024. Conducted in partnership with Ferguson Partners, the survey highlights notable compensation trends across the corporate real estate industry.

Young Classics from Audi Sport: Racing Legends Now Available for Exclusive Collectors

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SHERIDAN, WYOMING – April 7, 2025 – For the first time ever, legendary racing machines from Audi’s storied motorsport history are becoming available to private collectors. Audi Sport has launched its new racing legends program, offering drivable LMP1 and DTM prototypes built with manufacturer precision and exclusive support. This is a rare opportunity for enthusiasts to own, drive, and be part of Audi’s championship legacy.

THE S-LINE BY THE YACHTS: WHERE SPORT MEETS SOPHISTICATION AT SEA

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SHERIDAN, WYOMING – April 6, 2025 - A new era of sporty elegance in luxury yachting

For discerning consumers who crave the thrill of high-performance cruising blended with refined comfort, THE YACHTS' S-Line delivers a striking answer. Comprising three distinct models—420S, 460S, and 520S—the S-Line embodies the very soul of a chic, sporty coupé lifestyle, redefining how we experience the sea.

Designed for connection and comfort