Blackstone, Realty Income Sign Equity Agreement for The Bellagio Las Vegas

NEW YORK and SAN DIEGO—Realty Income Corporation, The Monthly Dividend Company, and Blackstone Real Estate Income Trust, Inc. jointly announced that Realty Income has...
Atlanta Marriott Peachtree Corners

Waramaug Hospitality Acquires Atlanta Marriott Peachtree Corners

CORAL GABLES, Florida and ATLANTA, Georgia—Waramaug Hospitality acquired the Atlanta Marriott Peachtree Corners located northeast of Atlanta's Interstate-285 beltway perimeter within the corridor surrounding...

PMZ Realty Capital Arranges Acquisition Financing for Holiday Inn Charleston-Riverview

NEW YORK—PMZ Realty Capital LLC announced that it arranged leasehold acquisition financing for the Holiday Inn Charleston-Riverview located in Charleston, South Carolina. A regional...

Elise Capital Acquires Holiday Inn Express & Suites Picayune-Stennis Space Center

ATLANTA, Georgia—Elise Capital announced the acquisition of the Holiday Inn Express & Suites Picayune-Stennis Space Center, located in Picayune, Mississippi. This property marks the...

McKibbon Enters Acquisition Space With Purchase of a Hampton Inn & Suites

TAMPA, Florida—McKibbon entered the hotel acquisition space, closing on the purchase of the Hampton Inn & Suites Clearwater/St. Petersburg-Ulmerton Road on August 1, 2023. The...
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utility costs

Controlling Utility Costs: Volatile Market Conditions Call for a Focus on Contracts and Energy...

Over the past four years, utility costs at U.S. hotels have increased at a pace greater than total operating revenue. As a result, utility...

The Bentley Hotel Southampton to Join JdV by Hyatt Brand

CHICAGO, Illinois—Hyatt Hotels Corporation announced The Bentley Hotel Southampton has officially joined the Hyatt portfolio as an affiliated hotel, in collaboration with Bijal Hospitality,...
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Gale Miami Hotel and Residences Partners With Stayntouch

BETHESDA, Maryland—Stayntouch announced a new partnership with Gale Miami Hotel and Residences, a 51-story, 688-room hybrid apartment/hotel in downtown Miami, Florida, set to open...
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