Hotel

The hotel industry in Houston, the fourth-largest city in the U.S. and its energy capital, has struggled because of depressed oil prices.

The partnership is looking for value-add properties in Hawaii, California, Mexico and Japan.

Kyser Property Management Co. is building Staybridge Suites, an extended-stay hotel downtown.

So far, the demand for extended stay suites has been growing faster than the inventory of available rooms.

In January, Ashford Prime announced refinements to its business strategy.

LaSalle Hotel Properties has no plans for more asset acquisitions in the new future.

As Caesars’ biggest division emerges from bankruptcy protection, a number of potential investors have expressed interest in building resorts flying the company’s flags.