W Nanjing Hotel to Open 2025 in Eastern China

Marriott International, Inc. today announced it has signed an agreement with Nanjing OCT Properties to bring the W Hotels Worldwide brand to Nanjing. W Nanjing is scheduled to open in 2025, located along the southern bank of the Yangtze River.
Source: New feed

Black Bear Diner to Expand Its Presence in Texas with Six Corporate Openings Expected for 2022

Having recently finalized an agreement to convert a closed restaurant in San Antonio, Black Bear Diner has its sights set on opening the doors to at least six new company-owned diners throughout the state in 2022. The new diners are a combination of conversions and ground ups and will incorporate recent design changes to better accommodate off-premise dining.
Source: New feed

RLJ Lodging Trust Acquires Moxy Denver Cherry Creek Hotel for $51.3 Million

RLJ Lodging Trust (NYSE: RLJ) today announced that it has acquired the 170-room Moxy Denver Cherry Creek for a purchase price of $51.3 million, or approximately $301,000 per key and completed the disposition of the 764-room DoubleTree Hotel Metropolitan New York City for gross proceeds of $169.0 million.
Source: New feed

94 Key The Beachside on Nantucket Hotel Sold

Local real estate firm Blue Flag Partners announced its acquisition of The Beachside on Nantucket, a 94-key hotel on North Beach Street in Nantucket, MA.
Source: New feed