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NEWBOND HOLDINGS HAS acquired Aloft Tampa Downtown in Tampa, Florida, marking its third downtown riverfront hotel investment in the city in 24 months. This takes the company's total to more than 700 hotel rooms and more than 800 ft. of frontage along the Hillsborough River, Newbond said in a statement. Niel Luthra is the founding partner of New York-based Newbond Holdings. The 130-key hotel, located on the Riverwalk, provides both indoor and outdoor amenities, featuring a waterfront pool, gym, corporate meeting and event spaces, as well as a bar and lounge, the statement added. Newbond is planning a comprehensive hotel renovation to include all guestrooms, public areas and the pool deck. "Our third hotel investment in downtown Tampa since 2021 demonstrates our conviction in the long-term Tampa growth story," said Neil Luthra, founding partner of Newbond. "Tampa's robust job and population growth; flourishing convention and tourism business; and continued institutional investment have created one of the strongest real estate and hospitality markets in the country."

Home2 Suites by Hilton Cookeville in Cookeville, Tennessee, is now open. It is owned by NHK Hotels LLC and operated by Image Hotel Management, both led by Neil Patel as CEO. "On Aug. 14, 1986, Neil Patel, CEO and founder of Image Hotel Management, opened his first hotel, Executive Inn, in Cookeville," said Karen Patel, managing partner of Image Hotel Management. "Thirty-seven years later, we are delighted to open our Home2 Suites here and continue our partnership with Hilton Hotels." The 102-room hotel is near Tennessee Tech University, Cookeville Regional Medical Center, Cummins Falls, Burgess Falls, and Fall Creek Falls state parks, Image said in a statement. Hotel amenities include full kitchens, an indoor saline pool and a fitness center. The property includes a "backyard" with outdoor seating, a seasonal fire pit, pet pit stop, putting green, and yard games. The Cumberland Room offers 1,500 square feet of conference space with a spacious pre-function area and catering kitchen.

The Best Western Shackleford is open in Little Rock, Arkansas, following a $1 million renovation. The 60-key hotel on Shackleford Road is owned by Rahul Patel. "We are excited to welcome guests at our newly renovated property while they discover Arkansas' capital city," Patel said. "The updates ensure our guests find a comfortable place to relax after days exploring our lively downtown, known for its thriving arts and music scene and a range of attractions suitable for all ages." Several rooms in the hotel are designed in a suite-style with king-sized beds and hot tubs. Amenities include a renovated 24-hour fitness center, indoor swimming pool and a 700 square-foot meeting space. The vicinity offers a range of attractions including Little Rock Zoo, Wildwood Park for the Arts, Arkansas State Capitol, Big Dam Bridge, Museum of Discovery, Heifer Village and Urban Farm, Pinnacle Mountain State Park and various dining options, shopping centers, educational facilities, recreational centers and transportation hubs.

REAL ESTATE INVESTMENT competition She Has a Deal 2022 SHaDPitch Today's Woman competitor Amina Gilyard James recently acquired the Quality Inn in the Raleigh neighborhood of Memphis, Tennessee. James said the competition prepared her company for the acquisition. The 70-room hotel is near downtown Memphis, Beale Street and AutoZone Park, home of the Triple-A Memphis Redbirds and the Memphis International Airport, according to SHaD. Amenities in the property include a business center and indoor heated pool and hot tub. James' firm Duke Ventures plans to invest $500,000 to refresh the property with new paint, FF&E and additional cosmetic improvements. "The SHaDPitch competition and its curriculum provide an invaluable inside look at the hotel industry," James said. "It provided a roadmap and extensive network that gave me foundational knowledge of the hotel acquisition and ownership space. SHaD prepared my company, Duke Ventures LLC, to make the smartest investment possible. We're proud of the deal we made and optimistic about what the future holds for this property and our investors."

The Best Western Gallup West is now open in Gallup, New Mexico. It is owned by Murad Mohsin. The 60-room hotel is near Veteran Memorial Pillars, Red Rock State Park, the Gallup Flea Market Fire Rock Navajo Casino and the Navajo Nation Museum. It is two hours from Albuquerque, New Mexico. Amenities include an indoor pool, fitness center, spa and free parking. "We are very excited to join Best Western and to have access to the brand's best-in-class support and resources that will strengthen our property and guest service," said Murad Mohsin, owner of the Best Western Gallup West. "Our hotel offers something for everyone and is near some of Gallup's most interesting sights. We look forward to providing the comfort travelers are looking for in our quaint town situated off Route 66."

NOBLE INVESTMENT GROUP in Atlanta has acquired the Hilton Garden Inn Boise Downtown. The transaction caps more than $1 billion investment over the past year, according to a statement. The 132-room hotel is near the city's leisure and business centers, which includes the Idaho State Capitol, Boise State University, Jack's Urban Meeting Place, Idaho Central Arena, and the Boise Centre, according to Noble, which is led by Mit Shah as CEO. Hotel amenities include an indoor pool, 4,098 square feet of meeting space and it is pet friendly. "The Boise market demonstrates the key macro trends we are looking for in cities which we believe will outperform as we enter a new lodging cycle," said Dustin Fisher, Noble's senior vice president. "This acquisition aligns with our strategy to acquire high-quality, well-located assets in growth markets poised to benefit from the ongoing recovery in travel."

The Aloft Mooresville is open in Mooresville, North Carolina. The boutique hotel is owned by Maya Hotels led by co-founders J.D. Deva and Baldev Thakor. The 128-room hotel is Maya Hotels' fifth property in Mooresville in the last 25 years, including its Tru by Hilton Mooresville opened in August. It is part of the Langtree Lake Norman mixed-use development near Charlotte, North Carolina, with nearby attractions including Lake Norman and Langtree Plantation. Amenities include an indoor pool and a fitness center. "We are incredibly excited to bring the upbeat Aloft brand to the Mooresville / Lake Norman market," Deva said. "We are pleased to grow our relationship with Marriott and to continue our investment into the Mooresville area."

FOUR HOTELS HAVE converted to the AmeriVu brand founded in 2015 by Wisconsin hotelier Nick Rai. Amerivu is now part of Atlanta-based Hospitality Lodging Systems. The 51-room AmeriVu Inn & Suites in Cisago City, Minnesota, is a conversion from a Comfort Inn. Nearby attractions include Bloom Lake Barn wedding venue, Wild Mountain Ski Area, Trollhaugen Outdoor Recreation Area, Cedar Lake Speedway and Somerset Amphitheater. Amenities include an indoor heated pool with hot tub and is ADA accessible. "In the post-COVID environment, hotel owners don't want to work hard to recover and rebound, just so they can send bigger checks to their brand," said Doug Collins, Chairman and CEO of HLS. "Instead, more owners are deciding to work smarter - by switching to a brand that keeps hard-earned money in their pocket." In 2017, Rai opened the 40-room AmeriVu Hotel in Cumberland, Wisconsin, the 42-room AmeriVu in Prairie du Chien, Wisconsin, and two other conversions.

The Courtyard by Marriott Portland East opens Oct. 21 in Portland, Oregon. It is owned by Lodging Management Northwest LLC led by Jatin Patel as principal. The 91-room hotel is managed by InnVentures LLC of Tukwila, Washington. It is near Mt. Hood Skibowl, Timberline Lodge, McMenamins Edgefield, Multnomah Falls and Pioneer Place. Amenities include an indoor swimming pool, fitness center, fire pit and 702 square feet of meeting space. Courtyard's new room design includes a luggage drop for storing bags and the "Tech Drop" ledge provides a place for guests to plug personal devices. The rooms also feature hybrid zones for working, sleeping and getting ready.

The TownePlace Suites by Marriott Potomac Mills Woodbridge is open in Woodbridge, Virginia. It is owned by Mills Group LLC and managed by Marquee Hospitality LLC, which is led by Mike Patel as principal and chief operations officer and Nav Patel as Principal and chief financial officer. Attractions near the new 91-suite Woodbridge hotel include the Potomac Mills Mall, the Hylton Chapel, Marine Corps Base Quantico, Fort Belvoir, historic Occoquan and downtown Washington, D.C. Hotel amenities include an indoor swimming pool, a fitness center and 1,255 square feet of meeting space.

The Fairfield Inn & Suites by Marriott Dayton North is now open in Dayton, Ohio. It is owned by The Witness Group, founded by Sagar and Ohm Patel, and managed by Hotel Equities. The 100-room hotel is near The Dayton Art Institute, Rose Music Center at the Heights, Wright Patterson Air Force Base, National Museum of the US Air Force, Dayton Dragons, and the University of Dayton. It is six miles from the Dayton International Airport. Amenities include an indoor swimming pool and a fitness center. Earlier this month, TWG and HE opened the dual-brand Residence Inn and SpringHill Suites by Marriott Indianapolis Keystone in Indianapolis, Indiana, and previously opened the Home2 Suites by Hilton Carmel Indianapolis in Indianapolis.

The SpringHill Suites Austin West/Lakeway in Lakeway, Texas, is scheduled to open Aug. 28. It is owned by Lakeway Joint Venture, managed by Sunil Patel, and managed by Esperanto Developments of El Paso, Texas, led by Madhi Nair, president and CEO. The 88-suite hotel is on the campus of the Baylor Scott & White Medical Center.Nearby attractions include Lake Travis, the Hill Country Galleria, The Oasis on Lake Travis and Pace Bend State Park. Hotel amenities include a meeting room, an outdoor patio with a fire pit, an indoor swimming pool and a fitness center.

NOBLE INVESTMENT GROUP has acquired the dual-brand Hampton Inn & Suites Downtown Denver and Homewood Suites by Hilton Downtown Denver in Denver. Atlanta-based Noble is led by founder and CEO Mit Shah. The dual-brand hotel has a combined 302 guestrooms and suites, an indoor pool and whirlpool, a bar and more than 7,000 square feet of meeting and boardroom space. It is near the Colorado Convention Center and the 16th Street Pedestrian Mall, as well as the Union Station multimodal transportation hub. Downtown Denver also includes more than 25 million square feet of office space, three major sports stadiums, the Pepsi Center, the Denver Performing Arts Center, restaurants and museums and other attractions.

The TownePlace Suites by Marriott Albuquerque Old Town in Albuquerque, New Mexico, is scheduled to open on Aug. 6. It is owned by IPMI Hotel Group and managed by Sun Capital Hotels led by Deepesh Kholwadwala as chief executive. The 92-suite hotel is near the Indian Pueblo Cultural Center, Albuquerque International Sunport and the city's downtown. Also nearby are Old Town Albuquerque, Sandia Peak Ski Area and the Sandia Peak Tramway. Hotel amenities include an indoor swimming pool with an outdoor patio and a board room.

The TownePlace Suites by Marriott Amarillo West/Medical Center is scheduled to open in Amarillo, Texas, on July 30. It is owned and managed by Ram Hotels led by Kush Nathu, operations manager. The 104-suite hotel is six miles from downtown and 15 miles from Rick Husband Amarillo International Airport. Nearby attractions include Cadillac Ranch, Palo Duro Canyon State Park, Don Harrington Discovery Center, Northwest Medical Center and Baptist St. Anthony Hospital. Hotel amenities include an indoor swimming pool and hot tub, a fitness center and 1,800 square feet of meeting space.

Best Western Ottumwa Inn & Suites recently opened in Ottumwa, Iowa, and SureStay by Best Western San Francisco opened in San Francisco, California. Owned by Anil Chaudhari, Best Western Ottumwa Inn & Suites offers 41 guest rooms and 20 suites, while SureStay by Best Western San Francisco, owned by Dave Panas, features 37 guest rooms. Best Western Ottumwa Inn & Suites is near attractions such as Bridge View Center, Garrison Rock Resource Management Unit, Graham's Dairy Freeze and Iowa Heartland History Center. Amenities include an indoor pool and a fitness center. "We are excited to introduce the Best Western hospitality experience to Ottumwa," said Chaudhari. "Our focus was on delivering a comfortable, modern stay with value and convenience in mind. Whether guests are in town for leisure, business, or simply passing through, our property ensures attentive service and essential amenities for a memorable stay."

Peachtree Group's hospitality management division was recently selected to manage the Merrill Hotel, Muscatine in Iowa. The hotel has 122 guest rooms, 13,000 square feet of meeting and event space, a heated indoor saltwater pool, and a fitness center, Peachtree said in a statement. "We're truly delighted to have been chosen by Jim and Rebecca Howe to be the hotel's management operator," said Patrick Short, Peachtree's president for hospitality management. "The Howe family embodies a steadfast dedication to unparalleled hospitality experiences. We will carry on their commitment to excellence by delivering exceptional guest experiences, enhancing and elevating the hotel's reputation while generating results commensurate with this exceptional hotel's status, which continues to serve as one of the city's economic foundations." The hotel was opened in March 2018 along the Mississippi River in downtown Muscatine and is located near cities like Davenport and Bettendorf in Iowa, and Rock Island and Moline/East Moline in Illinois, the statement said.

Sonesta Essential La Porte is now open in La Porte, Texas. The 84-room upper-midscale property is owned by Hinesh Patel. The hotel is near Sylvan Beach Park and historical sites such as the San Jacinto Museum and Battlefield, the final battle of the Texas Revolution. Amenities include an indoor pool and fitness center, and it is pet-friendly. "The growth of the Sonesta Essential brand continues with the opening of Sonesta Essential La Porte, which is the brand's sixth location in Texas," said Keith Pierce, Sonesta's executive vice president and president franchise and development. "Focused on providing just the essentials, this brand has seen immediate success with its appeal to both owners and guests alike."

Moxy Boulder, a new hotel on University Hill in Boulder, Colorado, is now open. It is the first hotel to open in Boulder since 2018. The hotel was developed by Vision Hospitality Group, led by Mitch Patel as president and CEO, The Nichols Partnership, led by President and Founder Randy Nichols, and BMC Investments, led by Jarret Posner as chairman and founding partner. "We are thrilled to collaborate with The Nichols Partnership and BMC Investments on this project in this sought-after location and continue our longstanding partnership with Marriott," said Patel. "We look forward to introducing this unique experience to the Boulder community." Moxy Boulder has 189 rooms, 5,300 square feet of indoor and outdoor space and a fitness center. Marriott International's Moxy Hotels brand operates more than 125 properties in 25 countries.

Now that fall is officially here, most swimming pools and water parks have closed down for the season. As you pack your warm-weather clothes for the fall and winter, however, you should think twice before putting your family's swimsuits away.