Deal Report: Eight Hotel Deals, Acquisitions, and Financings
Refinancing the Inn at the Pier in Pismo Beach, California
Sonnenblick-Eichner Company has arranged $26.5 million of interim first mortgage debt to refinance the Inn...
Marriott To Open More Than 30 Luxury Hotels Worldwide in 2019
Marriott International plans to open more than 30 luxury properties in 2019, adding to eight brand portfolios: The Ritz-Carlton, Ritz-Carlton Reserve, St. Regis, W,...
Bridging the Gap Between Hotel Asset Management and Accounting
Earlier this month, CHMWarnick, asset manager and business advisor to hotel investors, expanded its accounting services to its asset management clients, making it the...
Choice Signs Agreements With Equinox Hospitality To Develop Five Hotels
ROCKVILLE, Md.—Choice Hotels International has signed agreements with Equinox Hospitality to develop three dual-brand Sleep Inn and MainStay Suites properties and two stand-alone Sleep...
Why Private Equity Firms Are Buying Boutique Hotels
In January 2017, Alvotel purchased the historic Gran Hotel de Sóller on the Spanish island of Mallorca for 10 million Euros. Built in the late...
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Red Roof Names Zack Garib As President; Fouad Malouf to Newly Created Position Of...
Red Roof®, an award-winning leader in the lodging industry, has named hotel industry veteran Zack Gharib as President, effective immediately.
Gharib brings more than two...
3 Ways Hoteliers Can Protect Data With Key Control Solutions
After planning and preparing dream vacations and securing reservations, hotel guests count on the protection and security of their credit card financial data through...
A Louisiana-Style Guest Getaway
Opened in January, the Origin Hotel Baton Rouge, a Wyndham Hotel, is housed in the Baton Rouge Savings & Loan Association Building, which is...
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