Home / Finance + Development (page 25)

Category Archives: Finance + Development

Feed Subscription

Moody’s Adjusts Lodging Outlook to Positive

Moody’s Adjusts Lodging Outlook to Positive

NEW YORK—Moody’s Investors Service has revised the outlook for the U.S. lodging and cruise industry to stable from positive reflecting the expectation adjusted EBITDA growth will slow in 2017, the ratings agency says in a report. The outlook reflects expectations ...

Read More »

The Gates Hotel South Beach DoubleTree Opens

The Gates Hotel South Beach DoubleTree Opens

MIAMI BEACH, Fla. and McLEAN, Va.—DoubleTree by Hilton, one of Hilton’s 13 market-leading brands, today announces the opening of The Gates Hotel South Beach—a DoubleTree by Hilton. The completely reconstructed property, which is owned by Rockpoint Group and Highgate and ...

Read More »

GLō Celebrates Triple Groundbreaking

GLō Celebrates Triple Groundbreaking

PHOENIX, Ariz.—Best Western Hotels & Resorts marked the arrival of its new GLō brand today with a historic triple groundbreaking event. The company broke ground on its first three GLō properties during simultaneous festivities in Nashville, Tenn., Goshen, Ind. and ...

Read More »

Starwood’s Speciality Select Brands Propel Growth

Starwood’s Speciality Select Brands Propel Growth

STAMFORD, Conn.—Starwood Hotels & Resorts Worldwide has announced that its specialty select brands— Aloft, Four Points and Element—are propelling the company’s global growth with 132 new hotels deals signed so far this year, up 89 percent from the same time ...

Read More »

AmericInn Opens in Wisconsin

AmericInn Opens in Wisconsin

LA CROSSE, Wis.—AmericInn has announced that it is expanding into La Crosse, Wis. with an opening of a new AmericInn at 1835 Rose Street in La Crosse. This is the second AmericInn for Brian and Vicki Campbell. AmericInn Hotel & ...

Read More »

Hunter Hotel Advisors Closes on Embassy Suites Baltimore

Hunter Hotel Advisors Closes on Embassy Suites Baltimore

ATLANTA—Hunter Hotel Advisors announced that they represented an institutional investor in the sale of the Embassy Suites by Hilton Hunt Valley Baltimore for $20 million. The new owner plans to spend over $6 million to completely renovate the 223-suite hotel ...

Read More »
Scroll To Top