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Posts by author

Swasti Sharma

363 posts

RLJ Lodging Trust to Open 300-Room The Atterbury, Autograph Collection Hotel in Pittsburgh by Summer 2026

  • Swasti Sharma
  • 16 June 2026
🏨 RLJ Lodging Trust is set to open The Atterbury, Autograph Collection, a 300-room hotel in downtown Pittsburgh, in summer 2026. The hotel will transform the historic 1906 Fulton Building, designed by Grosvenor Atterbury. Located near the Allegheny Riverfront and Market Square, it will feature interiors by Christine Shanahan, integrating original architecture with modern design. Highlights include an art program and dining at The Drafting Room, offering American cuisine and Pennsylvania beverages.
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Wheelock Street Capital and HEI Hotels & Resorts Acquire The Cavalier Resort in Virginia Beach from Gold Key

  • Swasti Sharma
  • 16 June 2026
🏝️ Wheelock Street Capital and HEI Hotels & Resorts have acquired The Cavalier Resort in Virginia Beach. The resort spans over 15 beachfront acres and includes three properties: The Cavalier Hotel (85 rooms, built in 1927, renovated in 2018), Marriott Virginia Beach Oceanfront Resort (305 rooms, opened in 2020), and Embassy Suites (157 rooms, opened in 2023). Developed by Gold Key, the project began with an $85 million restoration. Amenities include nine restaurants and six pools.
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Wheelock Street Capital and HEI Hotels Acquire The Cavalier Resort in Virginia Beach, Featuring 547 Rooms Across Three Properties

  • Swasti Sharma
  • 16 June 2026
🏖️ Wheelock Street Capital acquired The Cavalier Resort in Virginia Beach, Virginia, partnering with HEI Hotels & Resorts. The resort features three properties: The Cavalier Hotel (built in 1927, renovated in 2018), Marriott Virginia Beach Oceanfront Resort (opened 2020), and Embassy Suites Virginia Beach Oceanfront Resort (opened 2023). Covering 15 acres, it includes 547 rooms, nine restaurants, a beach club, six pools, and a spa. Gold Key invested $85 million in restoring the Historic Cavalier.
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EOS Hospitality Adds The Press Hotel in Portland, Maine, Marking 15th Property in New England Portfolio

  • Swasti Sharma
  • 16 June 2026
🏨 EOS Hospitality has added The Press Hotel, Autograph Collection, in Portland, Maine, to its portfolio, which now includes over 60 hotels in the U.S. The Press Hotel, located in the historic Old Port district, is EOS Hospitality’s 15th property in New England. Originally built in 1923, it was once the Portland Press Herald's office. The acquisition strengthens EOS's presence in leisure markets and its relationship with Marriott.
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Hotel Equities and Legendary Capital to Rebrand Grand Rapids Hotel as The Gerald Under Ascend Collection by 2026

  • Swasti Sharma
  • 15 June 2026
🏨 Hotel Equities and Legendary Capital plan to convert a Grand Rapids, Mich., hotel into The Gerald under the Ascend Collection by Choice Hotels. The full renovation, finishing in late 2026, will feature walnut millwork and oxblood leather. Located near the Gerald R. Ford Presidential Museum, the rebranded hotel will include The Commons, a retail and dining area. Grand Rapids is identified as a growth market for underserved travelers.
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Hotel Equities and Legendary Capital to Rebrand Grand Rapids Hotel as The Gerald Under Choice Hotels' Ascend Collection

  • Swasti Sharma
  • 15 June 2026
🏨 Hotel Equities and Legendary Capital are converting a Grand Rapids, Mich., hotel into The Gerald under the Ascend Collection by late 2026. The renovation will feature walnut millwork and oxblood leather, with a revamped lobby and dining area. Located near local attractions like the Gerald R. Ford Presidential Museum, this project capitalizes on Grand Rapids' growth market, aiming for strong performance with Choice Hotels' backing.
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Sheraton Philadelphia University City Hotel Unveils $60 Million Renovation Funded by University of Pennsylvania

  • Swasti Sharma
  • 15 June 2026
🏨 Sheraton Philadelphia University City Hotel completed a $60+ million renovation funded by the University of Pennsylvania. The revamp includes redesigned public spaces, 332 updated guest rooms, and a new &More Café. Designed by Gensler, the hotel now features a library-inspired lobby, meeting pods, a multi-use outdoor terrace, and over 11,000 square feet of event space. Located near the University of Pennsylvania, it aims to enhance visitor experience and support economic growth.
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Sheraton Philadelphia University City Hotel Completes $60 Million Renovation Funded by University of Pennsylvania

  • Swasti Sharma
  • 15 June 2026
🏨 Sheraton Philadelphia University City Hotel completed a $60+ million renovation with University of Pennsylvania funding. 🏨 Renovation by Gensler transformed all 332 guest rooms and added a library-inspired lobby, meeting pods, and a multi-use outdoor terrace. 📍 Located near University of Pennsylvania and Children’s Hospital of Philadelphia, the hotel offers over 11,000 square feet for events. The signature &More Café serves guests and locals with coffee, light fare, and cocktails. 📊
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Electra America and AKA Transition Two Washington, D.C. Hotels to Marriott and Hilton Brands by June 2026

  • Swasti Sharma
  • 12 June 2026
🏨 Electra America and AKA will transition Hotel AKA Alexandria and Hotel AKA Washington Circle to Marriott's Autograph Collection and Hilton's Tapestry Collection, respectively, in June 2026. Concord Hospitality will manage both properties. Hotel AKA Alexandria, designed by Piero Lissoni, won Interior Design Magazine's 2023 "Best of the Year" Award. The transition comes after strategic investments by Electra America Hospitality Group. AKA continues expanding, focusing on key markets like South Florida.
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Electra America and AKA Transition Two D.C.-Area Hotels to Marriott and Hilton Brands by June 2026

  • Swasti Sharma
  • 12 June 2026
🏨 Electra America and AKA will transition two Washington, D.C.-area hotels: Hotel AKA Alexandria to Marriott's Autograph Collection on June 17, 2026, and Hotel AKA Washington Circle to Hilton's Tapestry Collection on June 23, 2026. Concord Hospitality will manage daily operations, with AKA as co-general partner. Architectural highlights include Piero Lissoni’s design at Alexandria, winning a 2023 Interior Design Magazine award, and Gensler’s redevelopment of Washington Circle. Future growth targets include South Florida.
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