JLL Arranges Refinancing Loan for Four Orlando Properties
ORLANDO—JLL announced that it arranged a $145 million loan to refinance a 997-key portfolio of four newly developed, Marriott- and Hilton-branded select-service hotels located...
PMZ Realty Capital Arranges Financing for Three Hilton Properties
NEW YORK—PMZ Realty Capital LLC announced that it arranged over $60 million in financing in the last few weeks for three separate Hilton properties.
The...
Baird/STR Hotel Stock Index Increased 6.2 Percent in June 2023
HENDERSONVILLE, Tennessee, and MILWAUKEE—The Baird/STR Hotel Stock Index grew 6.2 percent in June to a level of 5,615.
“Hotel stocks extended their year-to-date gains in...
STR: U.S. Hotel Performance Falls With Lack of Business Travel During Holiday
HENDERSONVILLE, Tennessee—Due to constricted business travel during the Fourth of July, U.S. hotel performance fell from the previous week and showed weaker year-over-year comparisons,...
District Hospitality Partners Acquires the Westin Annapolis
BETHESDA, Maryland—District Hospitality Partners announced the acquisition of the Westin Annapolis. Located in historic downtown Annapolis, the 225-room property provides guests access to attractions,...
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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...
Carmel Valley Ranch Completes Renovation Project
CARMEL, California—Carmel Valley Ranch announced the completion of a multimillion-dollar renovation project that updates the guest experience. The renovations encompass enhancements across the resort,...
CoStar: Solar Eclipse Positively Impacts U.S. Hotel Performance
WASHINGTON—Helped by the total solar eclipse, U.S. hotel performance increased from the previous week, according to CoStar's latest data through April 13, 2024.
U.S. Hotel...
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