Lodging Partner’s News

SureStay Plus Hotel By Best Western – Asheboro, NC

May 25, 2022|

Lodging Partners announced it has arranged the sale of the SureStay Plus Hotel By Best Western in Asheboro, NC.  This is Lodging Partner's third transaction in this market.  The Hotel has very strong performance, excellent CashFlow, and stable Revenue. [...]

Hampton Inn Laurinburg, NC

April 29, 2022|

Lodging Partners is pleased to announce that it has arranged the sale of the Hampton Inn Laurinburg, NC.  The Hotel is well-located along a highly trafficked corridor of US-74 near major companies & numerous local attractions and serves as [...]

Holiday Inn Express & Suites Asheboro

April 7, 2022|

Lodging Partners announced it has arranged the sale of the brand new 87-room Holiday Inn Express & Suites Asheboro that just opened in 2021. The Hotel contains 18 large oversized suites and has an excellent location near area businesses, [...]

Hilton Garden Inn Kent Island

December 15, 2021|

Lodging Partners is pleased to announce it has arranged the sale of the 91-unit Hilton Garden Inn Kent Island & Wells Cove Marina in Grasonville, MD.  This is the 3rd property that Lodging Partners has represented for the Seller. [...]

SureStay Studio – Charlotte Executive Park

October 26, 2021|

Lodging Partners announced it has arranged the sale of the 116-unit SureStay Studio Charlotte Executive Park, in Charlotte, NC.  Ford C. Barton, Principal of Lodging Partners, LLC, represented the Buyer on the transaction for the conversion to a multi-family facility. [...]

Hotel Industry News

  • Choice Hotels’ Clarion Pointe Brand Opens 50th Hotel
    by LODGING Staff on August 9, 2022 at 5:54 pm

    ROCKVILLE, Maryland—Building on efforts to bring essentials to new markets, Clarion Pointe, a midscale select-service brand extension franchised by Choice Hotels International, Inc., celebrated the milestone opening of the brand’s 50th hotel this summer. The latest development milestone comes after several recent openings, including in the markets of Abingdon, Virginia; Greensboro, North Carolina; and Indianapolis, Indiana. In addition, interest in the brand remains; in the first half of this year, the brand awarded contracts are The post Choice Hotels’ Clarion Pointe Brand Opens 50th Hotel appeared first on LODGING Magazine.

  • Marriott International Reports Q2 2022 Results
    by LODGING Staff on August 9, 2022 at 5:45 pm

    Marriott International, Inc. reported Q2 2022 results. Highlights include: Q2 2022 comparable systemwide constant dollar RevPAR increased 70.6 percent worldwide, 66.1 percent in the United States Canada, and 87.8 percent in international markets, compared to Q2 2021; Q2 2022 comparable systemwide constant dollar RevPAR declined 2.9 percent worldwide and 14.1 percent in international markets, while RevPAR increased 1.3 percent in the United States and Canada compared to Q2 2019; Q2 2022 reported diluted EPS totaled The post Marriott International Reports Q2 2022 Results appeared first on LODGING Magazine.

  • OTO Development Announces the Passing of Co-Founder and CEO Corry W. Oakes III
    by LODGING Staff on August 9, 2022 at 1:31 pm

    SPARTANBURG, SOUTH CAROLINA—Corry W. Oakes III, co-founder and CEO of OTO Development, passed away unexpectedly on Sunday, August 7, leaving behind his beloved wife, Amy, and their three daughters Ashley, Elizabeth, and Lauren. “Corry was a beloved leader and a dear friend to so many in our community and our industry,” says Todd Turner, co-founder and VP/Real Estate at OTO Development, which is part of The Johnson Group. “His impact on our lives is as The post OTO Development Announces the Passing of Co-Founder and CEO Corry W. Oakes III appeared first on LODGING Magazine.

  • BWH Hotel Group Integrates CRS With Oracle Hospitality OPERA Cloud
    by LODGING Staff on August 9, 2022 at 11:00 am

    AUSTIN, Texas—BWH Hotel Group has integrated its central reservation system (CRS) with Oracle Hospitality OPERA Cloud property management system (PMS) through the Oracle Hospitality Integration Platform. Any hotel within the BWH Hotel Group portfolio—including Best Western Hotels & Resorts and SureStay Hotel Group—can adopt OPERA Cloud. The Best Western Plus Alfa Aeropuerto in Spain has the offering live. “Innovation has always been a priority at BWH Hotel Group, and in today’s world as guest expectations The post BWH Hotel Group Integrates CRS With Oracle Hospitality OPERA Cloud appeared first on LODGING Magazine.

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