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Commune Hotels and Resorts Launches Tommie Brand

Commune Hotels and Resorts Launches Tommie Brand

SAN FRANCISCO—Commune Hotels and Resorts announced its first new brand with the launch of Tommie, a value-conscious brand. “Tommie will be a ground-breaking and accessible addition to Commune’s collection of brands,” said Niki Leondakis, CEO of Commune Hotels and Resorts. ...

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Securing SBA Loans

Securing SBA Loans

Small Business Administration (SBA) loans remain the main route to capital for many first-time hotel buyers and for owners looking to finance mid-tier suburban properties, but securing these loans can be a long, arduous process if a borrower is unprepared. ...

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Red Lion Hotels Expands into Arizona

Red Lion Hotels Expands into Arizona

SPOKANE, Wash.—Red Lion Hotels Corporation announced today that it is continuing its expansion with the tallying of another hotel, now into Tempe, Ariz., located in the greater Phoenix area. “We were looking for the right opportunity for a franchise in ...

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Renaissance Hotels Opens New Hotel in Johor Bahru

Renaissance Hotels Opens New Hotel in Johor Bahru

JOHOR BAHRU, Malaysia—Renaissance Hotels, a lifestyle brand within the Marriott International portfolio, celebrated the opening of its newest hotel in Malaysia with the inauguration of the Renaissance Johor Bahru Hotel. “The opening of the spectacular new Renaissance Johor Bahru Hotel ...

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Hyatt Place Seoul to Open in 2016

Hyatt Place Seoul to Open in 2016

CHICAGO—Hyatt Hotels Corporation announced today that a Hyatt affiliate has entered into a management agreement with KY Development Co., a Seoul based manufacturing and distribution company, for a Hyatt Place hotel in Seoul. The hotel will be the first Hyatt ...

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