Legendary Capital Sponsors the Acquisition of an avid Hotel
FARGO, North Dakota — Legendary Capital has announced it sponsored the acquisition of the 92-room avid in Southaven, Mississippi, in a $12 million all-cash...
The Homewood Suites by Hilton Lafayette Mall Receives Acquisition Loan
NEW YORK—PMZ Realty Capital LLC, a national boutique real estate investment banking firm focused on creating capital structures for its clients, has arranged a...
Lightstone Continues Development on Two New York City Moxy Hotels
NEW YORK—National real estate investor and developer Lightstone announced the topping out of construction of two Moxy hotels in New York City. Moxy Lower...
The Neptune Resort Added to the Springboard Hospitality Portfolio
LOS ANGELES—Springboard Hospitality, a hospitality management company with 38 independent and branded properties throughout the United States, announced the addition of The Neptune Resort...
STR: The Baird/STR Hotel Stock Index Increased in September
HENDERSONVILLE, Tennessee, and MILWAUKEE—The Baird/STR Hotel Stock Index rose 5.2 percent in September to a level of 5,167. Year to date through the first...
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Knowland and Amadeus Share Q1 2024 Performance Index Data
ARLINGTON, Virginia—Knowland and Amadeus presented the metrics from the companies’ Hospitality Group and Business Performance Index. Beginning with the first quarter of 2024, the...
Red Roof Names Zack Garib as President; Fouad Malouf to Newly Created Position of...
Red Roof has named hotel industry veteran Zack Gharib as president, effective immediately. Gharib brings more than two decades of senior management experience in...
3 Ways Hoteliers Can Protect Data With Key Control Solutions
After planning and preparing dream vacations and securing reservations, hotel guests count on the protection and security of their credit card financial data through...
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