Michael Pallerino - CCR-Mag.com

Ashford Hospitality buys a hotel portfolio for $1.74B

Michael Pallerino

Ashford Hospitality Trust has completed the acquisition of the remaining 28.26 percent ownership interest of the 28-hotel Highland Hospitality portfolio

Value Place breaks ground on new hotel in San Angelo, Texas

Michael Pallerino

Value Place has partnered with Pure Strike Development LP and CAMTOD Group to build the first Value Place hotel in San

Report: Hotels’ profit margins hit nearly 15% in 2014

Michael Pallerino

Net profits for privately held hotel properties jumped to 14.6 percent last year, up from 5.7 percent in 2013, according

Bloomingdale’s to open 1st urban off-price store in NYC

Michael Pallerino

Bloomingdale’s will open its first urban Bloomingdale’s Outlet store on New York City’s Upper West Side this fall. The store,

ARC Hospitality closes $1.8B Equity Inns portfolio deal

Michael Pallerino

American Realty Capital Hospitality has completed its acquisition of the Equity Inns lodging portfolio. The company announced the purchase from

ALDI maps aggressive expansion plans for U.S.

Michael Pallerino

Germany-based discount supermarket chain ALDI has opened 89 stores in Texas since entering the state in 2010, and it sees

Virgin Hotels aims for 20 hotels in 10 years

Michael Pallerino

Virgin Hotels hopes to have 20 hotels in its portfolio by 2025. Plans for several more U.S. properties will be

AGCA: Construction firms add 29,000 jobs in February

Michael Pallerino

Construction employers added 29,000 jobs in February and 321,000 over the past year, reaching the highest employment total in six

Target plans to open 8 Target Express stores this year

Michael Pallerino

Target plans to open eight versions of its small-format store, Target Express. The retailer debuted the 20,000-square-foot store last July

Hotel developers see downtowns as prime locations

Michael Pallerino

More hotel brands, developers and investors are seeking properties in downtown locations, according to industry observers. See why shift to

McDonald’s to open fewer new U.S. stores this year

Michael Pallerino

McDonald’s will open about 125 new U.S. restaurants this year and update 100 existing stores, down from 222 openings and

Lightstone to develop “top-branded” hotel properties

Michael Pallerino

Lightstone Group will spend $2 billion developing “top-branded” lodging properties in U.S. markets. The company has already partnered with Marriott

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Ashford Hospitality buys a hotel portfolio for $1.74B

Value Place breaks ground on new hotel in San Angelo, Texas

Report: Hotels’ profit margins hit nearly 15% in 2014

Bloomingdale’s to open 1st urban off-price store in NYC

ARC Hospitality closes $1.8B Equity Inns portfolio deal

ALDI maps aggressive expansion plans for U.S.

Virgin Hotels aims for 20 hotels in 10 years

AGCA: Construction firms add 29,000 jobs in February

Target plans to open 8 Target Express stores this year

Hotel developers see downtowns as prime locations

McDonald’s to open fewer new U.S. stores this year

Lightstone to develop “top-branded” hotel properties

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