General Management

Highline Hospitality Partners Acquires Homewood Suites by Hilton Eatontown

Highline Hospitality Partners (HHP), the hospitality investment platform launched by Highline Real Estate Partners (HREP), has acquired the Homewood Suites by Hilton Eatontown. The 131-room, extended-stay hotel, which is HHP’s eleventh property, is located in Eatontown, NJ in close proximity to the Jersey Shore beaches, major hospital systems, sports complexes and universities. The hotel is also located near Fort Monmouth, a decommissioned army base that is in the process of undergoing a transformational redevelopment.

MCR Acquires the Canopy by Hilton Charlotte Southpark

MCR — the country’s 3rd-largest hotel owner-operator — has acquired the Canopy by Hilton Charlotte Southpark, a five-story, 150-room hotel built in 2020 in Charlotte, North Carolina. Closed with new financing in place, the hotel was purchased at a 20% discount to MCR’s estimated replacement cost. This is the company’s sixth hotel in North Carolina and its first Canopy by Hilton hotel.

Hotel Equities Throws Full Support Behind American Hotel & Lodging Association (AHLA)

Hotel Equities, a leader in hotel ownership, management, and development, proudly affirms its commitment to the American Hotel & Lodging Association (AHLA). There is no more important organization representing our industry and the issues that matter. As members of the AHLA, we recognize their critical role in championing our industry's collective success and advocating for our shared interests.

Hotel Management Company Investments in Staffing, Maintenance and Renovations Reflected in Overall Guest Satisfaction, J.D. Power Finds

After several years of incredibly challenging business conditions, which caused much of the hospitality industry to scale back on capital expenditures, hotel management companies have started making serious investments in renovations, maintenance and staffing. According to the J.D. Power 2023 North America Third-Party Hotel Management Guest Satisfaction Benchmark,SM released today, those investments are paying off in the form of strong satisfaction scores for quality of the guest room and staff service.

Remington Hospitality Assumes Management Of Senna House, Scottsdale AZ

Remington Hospitality, a leading hotel management company, today announced its agreement to manage operations at Senna House Hotel located in Scottsdale, Arizona, marking the company’s first property in Scottsdale and fourth in Arizona. The collaboration also underscores Remington's ongoing expansion into the lifestyle hotel sector. This is Remington’s second partnership with hotel owner OpWest Partners, a multi-disciplined investment and development firm focusing on real estate and lifestyle assets.

Remington Hospitality Takes Over Management of the Murrieta Hot Springs Resort, CA

Remington Hospitality, a notable hotel management firm, has taken over the operations of the Murrieta Hot Springs Resort, located in Southern California. The historic resort, established in 1902, is on a 46-acre property and is currently under renovation. It is set to reopen in the winter as a wellness-focused hot springs resort. This move marks Remington Hospitality's first collaboration with Olympus Real Estate Group and its inaugural property management in Murrieta. The resort promises a combination of luxury, health, and relaxation, with a slew of amenities including natural hot springs, a geothermal spa, fitness programs, and nutritious dining options.

HEI Assumes Management of Aloft Phoenix-Airport

HEI Hotels & Resorts, one of the nation's leading operators of institutionally owned hotels with a portfolio of more than 100 properties across the United States, today announced that it has assumed management of the 143-key Aloft Phoenix-Airport in Phoenix, AZ, joining HEI’s rapidly growing portfolio of premium-branded, select-service hotels. The RADCO Companies recently acquired the property.

Crescent Hotels & Resorts Welcomes Embassy Suites by Hilton Washington D.C. Chevy Chase Pavilion

Crescent Hotels & Resorts, the award-winning operator of over 120 properties, announced the addition of Embassy Suites by Hilton Washington D.C. Chevy Chase Pavilion to its esteemed collection. Located in Northwest Washington D.C., this hotel offers unparalleled service and comfort, catering to the needs of both business and leisure travelers.