Hyatt Hotel Nue Receives Bridge Loan from Columbia Pacific Advisors
LOS ANGELES—Columbia Pacific Advisors' Bridge Lending, a platform within Columbia Pacific Advisors, has provided a $27 million construction completion bridge loan to recapitalize the...
Radisson RED Miami Airport Debuts
MINNEAPOLIS, Minn.—As Florida travel and tourism rebound, Radisson RED, a modern hotel brand inspired by the millennial lifestyle, opened Radisson RED Miami Airport in...
Best Western Opens Five Hotels Across the United States and Canada
Best Western Hotels & Resorts has opened five hotels, three of which are in the United States and two in Canada. The hotels are...
Harrah’s Cherokee Casino Resort Completing Expansion Fall 2021
CHEROKEE, North Carolina—Harrah’s Cherokee Casino Resort in Cherokee, North Carolina, is set to complete its four-year expansion project this fall. The $250 million development,...
New York City Leads U.S. Hotel Construction and Projected Openings
HENDERSONVILLE, Tennessee—New York City is ahead of all other U.S. markets in hotel rooms under construction and projected openings for the remainder of 2021,...
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Controlling Utility Costs: Volatile Market Conditions Call for a Focus on Contracts and Energy...
Over the past four years, utility costs at U.S. hotels have increased at a pace greater than total operating revenue. As a result, utility...
The Bentley Hotel Southampton to Join JdV by Hyatt Brand
CHICAGO, Illinois—Hyatt Hotels Corporation announced The Bentley Hotel Southampton has officially joined the Hyatt portfolio as an affiliated hotel, in collaboration with Bijal Hospitality,...
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...
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