Great Wolf Chooses Maryland for Its Largest Resort

The DJIA rose 285 points on Friday while Nasdaq was up 197, the S&P 500 rose 54 points and the 10-year treasury yield was down .04 to 3.82%. Lodging stocks were mixed.

Sonder Holdings was cut to Market Perform from Market Outperform by JMP Securities.

EF Hutton assumed coverage of Selina Hospitality with a Buy rating and $6 price target.

Ryman Hospitality Properties announced it closed on the previously announced acquisition of the JW Marriott San Antonio Hill Country Resort & Spa in San Antonio, TX from Blackstone Real Estate Income Trust, Inc. The JW has 1,002 rooms with 268,000 total square feet of indoor and outdoor meeting and event space. The resort includes a 26,000-square-foot Lantana Spa, eight food and beverage outlets, 9 acre River Bluff water experience and TPC San Antonio, featuring two 18-hole golf courses. The purchase price for the acquisition was approximately $800 million.

Chartwell Hospitality and Rockbridge are developing three new hotels in high-growth neighborhoods in Middle Tennessee. Construction will begin in September 22 on a 119-room TownePlace Suites by Marriott in Brentwood, Tennessee; a 120-guestroom TownePlace Suites by Marriott in Murfreesboro, the only hotel approved for the Clari Park mixed-use development; and the 120-room Home2 Suites hotel in Lebanon.

Innisfree Hotels and RREAF Holdings announced the opening of the all-new Fairfield Inn & Suites Pensacola Beach, FL. The $75 million, 209-room property features the Gulf Coast’s largest lazy river, an adult pool, two hot tubs, fun food and beverage outlets, and a fitness center.

IHG announced the opening of a Holiday Inn Express near Hartsfield-Jackson Atlanta International Airport in Atlanta, Georgia. The hotel features 200 guestrooms, nearly 3,000 square feet of meeting space, a fitness center and an outdoor pool. 

Great Wolf Resorts announced the grand opening of Great W