Houston's Wayside Investment Group is acquiring a 118-unit hotel on Frankford Road in Dallas and a 150-unit property on Carnaby Street in Irving. The purchase...
Patel said Dallas-Fort Worth is seeing strong demand from business and leisure travelers, making the properties attractive as an investment. Over the last three years, the two Extended Stays averaged between 70% and 80% occupancy, according to Wayside.
Wayside owns and operates 13 hotels in southern Texas, primarily in Gulf Coast cities. It’s scheduled to open a 90-unit extended-stay hotel next month in Houston and has two others in development.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Meet Dallas-Fort Worth’s most profitable and least profitable companies for 2023Black gold found its way back to Texas in 2022. Oil and gas companies claimed seven of the top 20 spots in this year’s ranking of Dallas-Fort Worth’s most...
Consulte Mais informação »
1 dead, 3 others taken to hospitals following crash Sunday in Fort Worth, police sayA person died following a crash Sunday afternoon in northern Fort Worth, according to police. A child was inside one of the vehicles involved in the crash,...
Consulte Mais informação »
Police arrest North Texas man who allegedly threatened violence at Fort Worth-area churchDemarcus Hollie, 35, was arrested Saturday and is accused of threatening to shoot up a Fort Worth-area church, according to police.
Consulte Mais informação »