American Hotel Income Properties acquires hotel portfolio in Pa.

A portfolio of four Pennsylvania hotels with a combined 472 rooms has been sold to American Hotel Income Properties. AHIP acquired the properties from an undisclosed seller for $57.3 million. Three of the hotels operate under the Hampton Inn brand, while one is a Residence Inn property. Read the HotelsMag.com story here.

Industry News

Vendor News

Norco Constr. promotes Erik Rappel to COO

General contractor, construction manager and design/builder Norco Construction promoted Erik Rappel to Chief Operating Officer. He most recently served as Norco’s Vice President of Operations, after originally joining the firm in 2017

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Vendor New Products

BITEC Expands Imperflex Line with New Base Sheet

BITEC, Inc. will be introducing its Imperflex® SA2 two-square self-adhered base sheet at the International Roofing Expo (IRE) in February, in response to contractor requests for a two-square option for installing BITEC’s popular Imperflex self-adhered

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