Thayer Lodging Group has agreed to buy the 336-room Ritz-Carlton San Francisco from Host Hotels & Resorts for about $161 million, according to Bloomberg Businessweek. Thayer Group says it plans to invest up to $17 million in renovations on the property within the next two years. The sale took place amid a rapid rise in average daily rates in the San Francisco market, with nightly room rates up 7.5% this year through April.
Go Mini’s plans to revolutionize storage solutions in Hartford
Go Mini’s—the portable storage franchise that offers containers for moving, storage, renovation and restoration needs—is targeting Hartford, Connecticut, for its next wave of growth, with plans to expand into communities throughout the