cushman and wakefield
Hospitality Focus on Construction Costs
The Author | May 27, 2016
By Elaine Sahlins The feasibility of a new hotel is driven by a number of factors, foremost among them – the availability of sites, the costs to build, the price and accessibility of financing, and the demand for hotel rooms at a rate point that supports all these and other elements. With several of these items falling into place in many markets across the U.S., hotel construction continues to accelerate. Cushman & Wakefield's Hospitality & Gaming practice provides consulting and valuation services for new and existing hotel properties across the country. In recent years, the majority of new hotel projects we have worked o...
Cushman & Wakefield Arranges Sale of The Renaissance Denver Hotel
Cushman & Wakefield | October 21, 2015
San Francisco, CA – October 22, 2015 – Cushman & Wakefield announced that it represented TRIFECTA HOTEL D OWNER, LLC, in the sale of the Renaissance Hotel, located in Denver, Colorado, to a privately owned company with offices in Southern California and Hong Kong. Situated directly between the Denver International Airport and downtown Denver, easy access to Interstate 70, the property offers a universally convenient location catering to numerous sources of lodging demand. The Renaissance features 400 spacious guestrooms, including 11 suites, and approximately 30,000 square feet of meeting and function space, inclusive of...
Cushman & Wakefield Arranges Sale of Holiday Inn Express, Mill Valley, CA
Cushman & Wakefield | September 18, 2015
SAN FRANCISCO, SEPTEMBER 21, 2015 – Cushman & Wakefield announced that it represented ARE WCP MILL VALLEY HOTEL, LLC., in the previously announced sale of The Holiday Inn Express Mill Valley hotel, located in Marin County, just seven miles north of San Francisco. The buyer was a privately owned company based in Northern California. The transaction marked the highest per key price for a Holiday Inn Express branded hotel, outside of New York City. Situated in one of the nation's most vibrant, coveted and picturesque lodging markets, The Holiday Inn Express Mill Valley features many resort-style amenities. The hotel is located in...
