Access Point Financial LLC (APF), a leading direct lender and specialty finance company focused exclusively on the hospitality industry, has…
Browsing: WoodSpring Suites
Financing and transactions are happening across the country, including two loans for the construction of a new Aloft hotel. Arriba…
Jack P. DeBoer, who designed and built the first Residence Inn in 1975, has passed away. He was 90. With…
Choice Hotels International Inc.’s extended-stay portfolio, which includes economy brands WoodSpring Suites and Suburban Extended Stay as well as midscale…
ROCKVILLE, MD—Choice Hotels International, Inc. reported that the company outperformed its competitors during the third quarter of 2020. “Choice Hotels’…
INTERNATIONAL REPORT—Transactions are shaping up across the industry, in U.S. cities and abroad in the U.K. Here’s a look at…
NATIONAL REPORT—From historic skyscrapers to Hill Country, brands are adding hotels to their portfolios in Texas. Cambria Hotel Houston Downtown…
PHILADELPHIA—Hotels are opening in Philadelphia—a sky-high Four Seasons, a dual-complex of a W and Element—while just-in-Philly properties are strengthening the…
ROCKVILLE, MD—Choice Hotels International Inc. awarded an agreement to ServiceStar Hospitality to develop 14 new WoodSpring Suites hotels throughout Colorado,…
ROCKVILLE, MD—The WoodSpring Suites brand recently surpassed another milestone with the opening of its 250th hotel in the greater Portland,…
ROCKVILLE, MD—Choice Hotels International Inc. signed an agreement with Brookwood Hotels to develop more than 20 new WoodSpring Suites hotels…
ROCKVILLE, MD—Following its acquisition by Choice in February, WoodSpring Suites is on pace to significantly exceed the brand’s previous record…
INTERNATIONAL REPORT—From sales, to a refinancing and a rebranding, here’s what to know on recent transactions around the globe: Hilton…
ROCKVILLE, MD—The WoodSpring Suites brand is strengthening its position in the extended-stay segment, following joining the Choice Hotels family of…
NATIONAL REPORT— Hotel Business has been rounding up appointments. Here’s what we found: Choice Promotes Thiergart Choice Hotels has promoted Ralph…
ROCKVILLE, MD—Choice Hotels International Inc. completed its $231-million acquisition of the brand and franchise business of WoodSpring Suites, an extended-stay…
NATIONAL REPORT—Choice Hotels’ Cambria brand continues its expansion, while Fairfield Inn & Suites and WoodSpring Suites open doors in North…
ROCKVILLE, MD—Choice Hotels International has reached a definitive agreement to acquire the brand and franchise business of WoodSpring Suites from…
NATIONAL REPORT—Hotel Business has been following domestic hotel openings. Here’s what we found: Homewood Suites by Hilton New Orleans Westbank…
CHARLOTTE, NC—WoodSpring Hotels has implemented a 100% pet-friendly policy at its WoodSpring Suites properties nationwide. Guests will pay a one-time…
ORLANDO, FL—MidCap Funding has arranged an $8.6-million loan for the refinance of two WoodSpring Suites-branded hotels totaling 226 rooms here.…
CHARLESTON, SC—MidCap Funding has arranged a $4.75-million refinancing for a WoodSpring Suites-branded hotel totaling 121 rooms here. The five-year loan…
SACRAMENTO, CA—WoodSpring Hotels has entered into an agreement with local hotel developer Northgate Investment Group, LLC, to develop a WoodSpring…
DETROIT—WoodSpring Hotels has partnered with M2B2 LLC to build a new prototype WoodSpring Suites hotel in Wixom, MI. The property…
STOCKBRIDGE, GA—WoodSpring Hotels has partnered with Pragat 1921 to build a new prototype WoodSpring Suites hotel located here. This will…