Home / Finance + Development (page 220)

Category Archives: Finance + Development

Feed Subscription

Urban Commons Purchases Two Hotels in San Mateo, Calif.

Urban Commons Purchases Two Hotels in San Mateo, Calif.

LOS ANGELES—Urban Commons announced the purchase of the 110-room Comfort Inn and the 110-room Holiday Inn in San Mateo, Calif. The hotels are located in the high-tech enclave of Silicon Valley which surrounds the San Francisco Bay Area. Urban Commons ...

Read More »

Motel 6 Breaks Ground on Two Locations in Pennsylvania

Motel 6 Breaks Ground on Two Locations in Pennsylvania

DALLAS, Texas—Motel 6 announced the groundbreaking of two new locations in Pennsylvania/Greater Philadelphia. The projects are the first new-construction Motel 6 locations in the northeast set to feature the brand’s “Phoenix” design. The projects, located in Allentown and Wilkes-Barre, are ...

Read More »

First TRYP by Wyndham Planned for the Middle East

First TRYP by Wyndham Planned for the Middle East

DUBAI, United Arab Emirates—Wyndham Hotel Group announced plans for the first TRYP by Wyndham hotel in the Middle East, following the signing of a management agreement with Omega I, a subsidiary of British-owned developer The First Group. The property is ...

Read More »

Inside Financing: Underwriting Your PIP

Inside Financing: Underwriting Your PIP

Ask any hotelier about their experiences with financing and you’ll likely get a mixed-bag of answers, but most will point out that hotels remain one of the hardest asset classes to capitalize. To complicate matters, a number of the branding ...

Read More »

Hilton Worldwide Opens Hilton Capital Grand Abu Dhabi

Hilton Worldwide Opens Hilton Capital Grand Abu Dhabi

DUBAI, UAE—Hilton Hotels and Resorts announced the opening of Hilton Capital Grand Abu Dhabi following a refurbishment and rebranding program. The hotel joins the company’s burgeoning UAE portfolio and will add an additional 281 rooms to Hilton Worldwide’s growing UAE ...

Read More »
Scroll To Top