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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 ...

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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 ...

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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 ...

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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 ...

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Four Seasons Hotels and Resorts Entering Korea

Four Seasons Hotels and Resorts Entering Korea

TORONTO, Canada—Four Seasons Hotels and Resorts announced its entry into Korea. Four Seasons Hotel Seoul is currently under construction and projected to open in May 2015. The announcement is made in partnership with Mirae Asset Global Investments. Four Seasons Hotel ...

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