Home / Finance + Development (page 241)

Category Archives: Finance + Development

Feed Subscription

Creative Approaches to Hotel Financing

Creative Approaches to Hotel Financing

Hotel financing is getting easier to come by in today’s recovering economic climate, but that hasn’t stopped many developers from taking creative approaches to funding their projects. “The landscape is radically different than it was at the peak of the ...

Read More »

The High Cost of Raising Room Rates

The High Cost of Raising Room Rates

The highlight of the recovery from the recent recession has been the strong rebound in lodging demand. According to Smith Travel Research (STR), occupancy levels at U.S. hotels increased from a low of 54.5 percent in 2009 to 61.4 percent ...

Read More »

The Home2 Suites Opens First Property in Pennsylvania

The Home2 Suites Opens First Property in Pennsylvania

MCLEAN, Va.—Home2 Suites by Hilton, the mid-tier, all-suite hotel brand designed for business travelers and extended-stay guests, announced the opening of its 18th U.S. hotel in Pittsburgh/McCandless, Pa. “Pittsburgh’s strong development growth in emerging communities, such as McCandless make this ...

Read More »

NewcrestImage Acquiring 25 La Quinta Properties

NewcrestImage Acquiring 25 La Quinta Properties

Dallas-based NewcrestImage is acquiring 25 properties from La Quinta in a deal announced earlier this week. Mehul Patel, managing partner of the development and management firm (and current AAHOA Chair), said in a statement that the properties, which are located ...

Read More »

Homewood Suites by Hilton Announces Two New Hotel Openings

McLean, Va.—Homewood Suites by Hilton announced the opening of its two newest properties: Newport Middletown, R.I. and Fort Worth Medical Center, Texas. The two new property openings push Homewood Suites’ North American footprint to 325 hotels and double first and ...

Read More »

NYLO Nyack Expected to Open in 2014

NYLO Nyack Expected to Open in 2014

DALLAS, Texas—NYLO Hotels has released additional details of its upcoming property in Nyack, New York, scheduled to open in 2014. NYLO Nyack—the company’s sixth hotel—will follow the upcoming debut of NYLO New York City, which will open late this summer ...

Read More »
Scroll To Top