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Hotels & Accommodation

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

SHERIDAN, WYOMING – April 8, 2025 – 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.

Strategic Acquisition in a High-Demand Travel Hub

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

SHERIDAN, WYOMING – April 8, 2025 – 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.

A strategic move backed by successful asset management
Originally acquired in 2017, the 89-room Holiday Inn Express—first opened in 2008—underwent significant renovations under Legendary Capital’s stewardship. The upgrades positioned the hotel as a competitive lodging option within the Indianapolis-Carmel-Greenwood metropolitan area, a region recognized for robust economic growth and a vibrant mix of business, tourism, and sports-driven travel.

Omni Hotels & Resorts Appoints Adam Hayashi as Chief Revenue Officer to Drive Strategic Growth

SHERIDAN, WYOMING – April 8, 2025 – SHERIDAN, WYOMING – April 8, 2025 - Adam Hayashi Joins Omni Hotels & Resorts as Chief Revenue Officer

A strategic leader steps into a key role to drive topline growth and expand market share

Omni Hotels & Resorts has officially welcomed Adam Hayashi as its new Chief Revenue Officer, marking a significant move in the brand’s pursuit of enhanced revenue performance and expanded market presence. In his new position, Hayashi is tasked with steering Omni's topline revenue strategy while strengthening its foothold in a highly competitive hospitality landscape. He reports directly to Jeff Doane, Omni’s Chief Commercial Officer.

Bringing decades of experience to a growing hospitality brand

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

SHERIDAN, WYOMING – April 8, 2025 – 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

SHERIDAN, WYOMING – April 8, 2025 – 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.

Experienced brokers drive the transaction

Hospitality Sector Deserves a Seat at the Cabinet Table, Says DZG

SHERIDAN, WYOMING – April 8, 2025 – SHERIDAN, WYOMING – April 8, 2025 - DZG Urges Chancellor-Designate Merz: Put the Hospitality Sector at the Cabinet Table

Thinktank calls for creation of a State Minister for Tourism and Hospitality directly in the Chancellery

As coalition negotiations between CDU/CSU and SPD enter their final stretch, the Denkfabrik Zukunft der Gastwelt (DZG) is calling for a major structural shift in how the German government approaches one of its most vital economic sectors. In a recent letter to Chancellor-designate Friedrich Merz, DZG has proposed the creation of a new coordinating position—a State Minister for Tourism and Hospitality—to be placed directly in the Federal Chancellery.

A major sector, underrepresented politically

Marriott International Expands with City Express Debut in U.S.

SHERIDAN, WYOMING – March 22, 2025 – SHERIDAN, WYOMING – Saturday 22. March - Marriott International Inc. has officially launched its City Express by Marriott brand in the United States, marking a significant step into the affordable midscale lodging sector. The opening of City Express by Marriott Duluth in Duluth, Georgia, represents the brand’s first U.S. property, signaling a major expansion initiative. This move aims to bring the successful City Express model, already well-established in the Caribbean and Latin America (CALA) region, to U.S. and Canadian travelers.

Strategic Growth in the Midscale Market

HEI Hotels Enhances Portfolio with Claremont Resort & Club Berkeley Management

SHERIDAN, WYOMING – March 7, 2025 – SHERIDAN, WYOMING – March 7, 2025 -HEI Hotels & Resorts, a leading hospitality management company, has officially announced its new role as the manager of the prestigious Claremont Resort & Club Berkeley. This recent acquisition marks a significant expansion in HEI's operational scope, now boasting a total of 103 properties under its management across the United States.

Located in the scenic area of Berkeley, California, the Claremont Resort & Club Berkeley is renowned for its exquisite views of the San Francisco Bay and its rich heritage. Owned by the Texas-based Ohana Real Estate Investors, the resort features 276 luxurious rooms and over 21,000 square feet of versatile meeting space, catering to both business and leisure travelers.

Embracing Serenity: Hotels Pioneering the Digital Detox Movement

SHERIDAN, WYOMING – March 7, 2025 – SHERIDAN, WYOMING – March 7, 2025-In an age where digital devices are seemingly welded to our hands, a growing movement within the hospitality industry is championing a return to real-world interactions and mental clarity through digital detoxes. This initiative, led by innovative hotels, offers a sanctuary from the constant buzz of notifications and the glow of screens that dominate modern life.

The Rise of Digital Detox Retreats

As the global count of smartphone users approaches the 6 billion mark, the necessity for digital detox becomes more apparent. Amidst this digital frenzy, hotels like Miraval and France’s Vichy Celestins Spa Hotel are stepping up as bastions of peace, encouraging guests to disconnect in order to reconnect with themselves and their surroundings.

Unveiling Elegance: Hyatt Place Delray Beach's Transformation Highlights Modern Comfort and Coastal Inspiration

SHERIDAN, WYOMING – March 7, 2025 – SHERIDAN, WYOMING – March 7, 2025- In a recent showcase of commitment to excellence and guest satisfaction, Kolter Hospitality proudly announced a comprehensive makeover of the Hyatt Place Delray Beach in Delray Beach, FL. This renovation not only enhances the aesthetic appeal of the hotel but also introduces modern amenities designed to cater to both leisure and business travelers.