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AJ Capital Acquires Two Properties to Become Graduate Hotels

AJ Capital Acquires Two Properties to Become Graduate Hotels

MINNEAPOLIS, Minn.—Mission Capital Advisors has arranged nearly $100 million in non-recourse acquisition financing for AJ Capital Partners to acquire and renovate two Graduate Hotel properties in Seattle and Minneapolis. The Graduate Hotels brand, launched by AJ Capital Partners in 2014, ...

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RLHC Celebrates Strong Start to 2017

RLHC Celebrates Strong Start to 2017

SPOKANE, Wash.—After recording a record number of new hotels and franchise license agreements in 2016, RLHC (Red Lion Hotels Corporation) continued its strong growth in January with three signed franchise license agreements (FLAs) and eight hotel openings. “Coming off such ...

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Wyndham Grand Opens in Clearwater Beach

Wyndham Grand Opens in Clearwater Beach

PARSIPPANY, N.J.—Wyndham Hotel Group is making waves in Florida with the opening of its latest resort destination, the new-construction, 343-room Wyndham Grand Clearwater Beach. The two-tower resort, owned by Florida philanthropist Dr. Kiran Patel and managed by Wyndham Hotel Group, ...

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Peachtree Hotel Group Announces 2016 Acquisitions

Peachtree Hotel Group Announces 2016 Acquisitions

ATLANTA, Ga.—Officials of Peachtree Hotel Group have announced it made five hotel acquisitions and undertook five development projects totaling approximately $155 million during the second half of 2016, increasing to its growing portfolio of select- and limited-service hotels nationwide by ...

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JMH Development Partners with Hilton for Long Island Hotel

JMH Development Partners with Hilton for Long Island Hotel

LONG ISLAND CITY, N.Y.—New York-based developer JMH Development and Mettle Property Group have signed a franchise agreement with Hilton for the development of a new project located at 36-20 Steinway Street, Long Island City. With this agreement, the two plan ...

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Hilton Announces First Triple-Brand Hotel

Hilton Announces First Triple-Brand Hotel

ROSEMONT, Ill.—First Hospitality Group (FHG) and Hilton announced their partnership to bring Hilton’s first triple-brand hotel, consisting of a Hilton Garden Inn, Hampton Inn by Hilton, and Home2 Suites by Hilton, to North America’s largest convention center, McCormick Place. A ...

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