Hersha Hospitality Trust has agreed to acquire the 245-room Courtyard San Diego Downtown in California and the 140-room Residence Inn Coconut Grove in Miami. Hersha will use cash on hand and borrowings from its credit facility to pay the total $93 million purchase price for the two properties. Read the American City Business Journals story here.
Georgia DOT joins 11 states requiring e-Ticketing in 2026
The Georgia Department of Transportation (GDOT) has launched a statewide e-Ticketing initiative—starting in 2026, all contractors will be required to use e-Ticketing under Section 110 of GDOT specifications. As a first step,