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Gurney’s Newport Resort Opens in Converted Property

Gurney’s Newport Resort Opens in Converted Property

Newport, R.I.–Gurney’s is now open in Newport, R.I. in the former Hyatt Regency on Goat Island. The waterfront resort on nearly 10 acres underwent an $18 million transformation and is the second property for the expanding Gurney’s brand, whose original Hamptons location is in ...

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First Unscripted Hotel Opens in Durham

First Unscripted Hotel Opens in Durham

Unscripted Hotels, a new lifestyle brand and hospitality concept from Dream Hotel Group, just opened its first location in downtown Durham, North Carolina following a $19.5 million dollar revitalization of the 1960s icon formerly known as the Jack Tar Motor ...

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Wyndham To Acquire AmericInn

Wyndham To Acquire AmericInn

Yesterday, the Wyndham Hotel Group announced plans to acquire the AmericInn hotel brand and its management company, Three Rivers Hospitality, from Northcott Hospitality for $170 million. AmericInn will become the 20th brand in Wyndham’s portfolio, joining shortly after the launch ...

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Mission Capital Arranges $15 Million Loan for Staybridge Suites Houston

Mission Capital Arranges $15 Million Loan for Staybridge Suites Houston

HOUSTON—Mission Capital Advisors has arranged a $15.26 million acquisition loan on behalf of Midas Hospitality to purchase the newly constructed Staybridge Suites Houston–Medical Center, a 120-key extended stay hotel. The Mission Capital team structured the recourse loan from IBERIABANK. The flagged property opened in ...

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Roedel Breaks Ground on Homewood Suites at Riverbridge

Roedel Breaks Ground on Homewood Suites at Riverbridge

WILTON, NH–Members of Roedel Companies were joined by representatives of the Riverbridge development and Hilton Worldwide to break ground on the Homewood Suites at Riverbridge in Berlin, Mass. Construction of the hotel, which is expected to open in 2018, is already ...

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Three Ways Hotels Are Repositioning Unique Assets

Three Ways Hotels Are Repositioning Unique Assets

Celebrity chef restaurants, locally inspired food and beverage offerings, communal social spaces, and in-room and hotel-led fitness options–these trends represent a transformation of the traditional hotel model. Amenity preferences, particularly for authentic, one-of-a-kind social experiences, continue to segment the hospitality ...

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