Become a GlobeSt influencer! Learn about our latest recognition opportunities highlighting the individuals, firms and teams changing the commercial real estate landscape.
CGI Merchant Group's new $650 Hospitality Opportunity Fund will acquire 20 hotels throughout North America and the Carribean over the next three years.
Most metros had slight Q3 upticks in occupancy rates, room rates and RevPAR, and investors are seeking hotels with price reductions from pre-pandemic values, indicating the hotel industry is inching its way back.
With more than 20 years of financial services experience, Nadine Augusta will aim to further develop the company's global diversity, equity and inclusion strategy.