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Transactions and financing heat up

In acquisition and financing news, Apple Hospitality REIT has acquired an AC Hotel in Maine, while Hall Structured Finance and Arriba Capital have closed
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Marriott grows longer-stay brands as segment thrives

Marriott Bonvoy’s portfolio of longer-stay brands—Element Hotels, Residence Inn by Marriott and TownePlace Suites by Marriott—have revealed a selection of new openings and offerings.
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Marriott Plans More Than 80 Hotels in UAE by 2023

BETHESDA, MD—Marriott International expects to add 11 new properties by year-end and a robust development outlook over the next five years in the UAE.
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Element Hotels Rolls Out Bike Program Refresh

BETHESDA, MD—Guests who stay at Element properties know about the extended-stay brand’s Bikes to Borrow program. An extension of Element Hotels’ environment-friendly ethos, guests
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