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...
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...
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...
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...
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...
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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,...
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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