Marriott Washington News Today : Breaking News, Live Updates & Top Stories | Vimarsana

While the U.S. economy continues to expand and is currently a major driver of global growth, inflation has recently ticked up after falling considerably from a peak of 9.1% nearly two years ago. Many now perceive that in the near term, the U.S. Federal Reserve will not reduce borrowing costs, and some anticipate a resumption of raising rates by early 2025. Unless a severe economic downturn occurs, interest rates are likely to remain relatively elevated for an extended period. A tight labor market and strong household net worth has led to remarkable resilience in U.S. consumer spending as Ameri...

Proxy season begins with executive compensation disclosures from Dominion, Owens & Minor and Brink's. Plus, a local REIT buys a hotel in Washington, D.C. (BizSense Pro required)

Article - AC Hotel by Marriott Washington DC Convention Center Sold for $116.8 Million - Apple Hospitality REIT, Inc. (NYSE: APLE) today announced the acquisition of the 234-room AC Hotel by Marriott Washington DC Convention Center for approximately $116.8 million, or $499,000 per key.

Dauntless Capital Partners has acquired the Crystal City Marriott, a 343-key hotel in Arlington, Va., for $65.8 million

Twin Bridges Hospitality seeks to disrupt traditional asset management and provide ‘Inspired Asset Stewardship’ to humanize the industry. Utilizing a holistic approach, our advisors have rich experience in revenue strategy, marketing, and branding, which enables them to craft visionary solutions for long-term sustainable growth. Ranging across geographies and chain scales, our fast-growing asset management firm currently has a portfolio of 14 hotels including AC Hotel by Marriott Maui Wailea, Residence Inn Maui Wailea, VEA Newport Beach – A Marriott Resort & Spa, Moxy Washington DC D...