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Carey Watermark Investors Acquires Hutton Hotel In Nashville

Carey Watermark Investors Acquires Hutton Hotel In Nashville

NEW YORK—Carey Watermark Investors (CWI) announced that it has acquired Hutton Hotel, a four-star, luxury lifestyle boutique hotel in downtown Nashville. The 247-room hotel opened in 2009. CWI’s total investment in the property is approximately $77.3 million, including a $73.6 ...

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Securing SBA Loans

Securing SBA Loans

Small Business Administration (SBA) loans remain the main route to capital for many first-time hotel buyers and for owners looking to finance mid-tier suburban properties, but securing these loans can be a long, arduous process if a borrower is unprepared. ...

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Red Lion Hotels Expands into Arizona

Red Lion Hotels Expands into Arizona

SPOKANE, Wash.—Red Lion Hotels Corporation announced today that it is continuing its expansion with the tallying of another hotel, now into Tempe, Ariz., located in the greater Phoenix area. “We were looking for the right opportunity for a franchise in ...

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Renaissance Hotels Opens New Hotel in Johor Bahru

Renaissance Hotels Opens New Hotel in Johor Bahru

JOHOR BAHRU, Malaysia—Renaissance Hotels, a lifestyle brand within the Marriott International portfolio, celebrated the opening of its newest hotel in Malaysia with the inauguration of the Renaissance Johor Bahru Hotel. “The opening of the spectacular new Renaissance Johor Bahru Hotel ...

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