Financing in an ‘Unfinanceable World’
Throughout the first three quarters of 2022, the capital markets, in general, have deteriorated, and the market for hospitality financing has cratered. While this...
Marriott Plans to Introduce Over 35 Luxury Hotels in 2023
Marriott International, Inc., announced plans to introduce more than 35 luxury hotels in 2023. With brands including The Ritz-Carlton, Ritz-Carlton Reserve, St. Regis, W...
CL Hotels Closes Acquisition of Coachman Hotel, Names Aimbridge’s Evolution Lifestyle Division as Operator
MIAMI—CL Hotels announced it has closed the acquisition of Coachman Hotel, a 104-room boutique property, located in South Lake Tahoe, California.
“The acquisition of Coachman...
LRE & Companies and American Hospitality Services Plan Mixed-Use Project in California
SAN RAFAEL, CALIFORNIA—LRE & Companies, a full spectrum real estate development, asset manager, construction, and hotel management company, and American Hospitality Services, Inc., a...
Delta Hotels by Marriott Opens 100th Property
BETHESDA, Maryland—Marriott International announced that Delta Hotels by Marriott has opened its 100th property—Delta Hotels by Marriott, Dubai Investment Park—bringing the brand’s travel experience...
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IHG Hotels & Resorts Implements Apple AirPlay at North American Hotels
NEW YORK—IHG Hotels & Resorts launched Apple AirPlay in the first phase of hotel rooms, giving guests the ability to stream content privately from...
Davidson Hospitality Group Recommits to Sustainability
ATLANTA, Georgia—Davidson Hospitality Group announced its renewed commitment to sustainability and conservational efforts through streamlined engineering management, strategic operational partnerships, food and beverage programs,...
Maverick Hotels and Restaurants Adds Two Properties to Managed Portfolio
BOSTON, Massachusetts—Maverick Hotels and Restaurants announced that it has added The York Beach Surf Club and The Sea Latch Inn, both located in York...
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