Inland American's Hotel Expansion

Here is a free Wall Street Journal article on Inland American REIT's recent acquisition of five upscale hotels in three transactions.  Inland American is expanding out of limited service hotels into higher-end hotels.  Before the three acquisitions, Inland American owned 98 limited service and extended stay hotels.  It will pay $393.1 million for the five hotels. 

Here is chart from Calculated Risk showing a steady improvement in hotel occupancy:

The Calculated Risk article linked to above also detail steady improvement in hotel RevPAR, or revenue per available room.