Warwick, RI HREC Investment Advisors has arranged the sale of the 96 suite, Sonesta ES Suites located at 500 Kilvert St. at TF Green Airport. The hotel was acquired by Residences at Metro Center, LLC, a Rhode
Cambridge, MA Lark, the premium development and management company encompassing multiple boutique hospitality brands, will take on 907 Main, previously operated by Sonder by Marriott Bonvoy, as part of its signature portfolio of Lark Hotels properties. Lark’s industry expertise will allow 907 Main to reopen in a matter of weeks, with an estimated reopening timeline of early December.
Portland, ME East Brown Cow hosted guests at 178 and 184 Middle St. to celebrate the official opening of the two newly renovated, conjoining buildings, marking the completion of The Docent’s Collection’s latest hospitality expansion.
Lebanon, NH CBRE Hotels completed the sale of the 114-room Residence Inn by Marriott Hanover located at 32 Centerra Pkwy. The purchase price was not disclosed.
Boston, MA Shawmut Design and Construction, a $2 billion national construction management firm, has completed transformative renovations to Boston’s historic Omni Parker House, preparing the 170-year-old landmark for a rebirth that includes modern enhancements
2025 has been a choppy year for the U.S. hotel market. Nationally, through September year-to-date, occupancy is down 0.9% and average daily rate (ADR) is up 0.9%, reflecting flat RevPAR for the same period. However, this doesn’t tell the full story.
Bridgton, ME A new chapter is unfolding in town with the anticipated opening of Hotel Bridgton set for summer 2026. Designed to reflect the town’s defining character while introducing a new level of hospitality
Franklin, NH Steel Elements, International, a metal framing and drywall company, partnered with PROCON’s design and construction team, on the historic renovation of the Easterseals NH Military & Veterans Campus. The community, located at 24 Holy Cross St., provides 29
Before starting this article, I reread the 2024 NEREJ Fall Preview article I had written last year. Not much has changed and I had the general market well defined. In a brief review, the key points included: More buyers
Across the United States, the hotel industry is facing a host of challenges in bringing projects to fruition, particularly in metropolitan areas such as Boston, New York City, San Diego, and Phoenix.
Boston, MA The Women’s Edge together with its partner The Boston Globe named Hexagon Properties as one of the 24th annual Top 100 Women-Led Businesses in Massachusetts. The honorees were recognized during a celebratory breakfast event on November 1.
Charlestown, MA According to Peabody Properties, The Charlestown has been named a recipient of the 2024 Vanguard Award for Major Rehabilitation of an Existing Rental Housing Community by the National Affordable Housing Management Association (NAHMA).