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Openings: The Stella Hotel in Bryan, Texas

Openings: The Stella Hotel in Bryan, Texas

Panoramic views of the Texas landscape surround The Stella, the first independent, upscale boutique hotel in Bryan, Texas. With its five-acre lake, waterfront park, and observation trails, the 176-room property enables guests to participate in paddle boarding, lakeside concerts, picnics, ...

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Concord Hospitality Breaks Ground on Beaufort Hotel

Concord Hospitality Breaks Ground on Beaufort Hotel

BEAUFORT, N.C.—Concord Hospitality broke ground on the 133-room Beaufort Hotel, which is a part of Choice Hotels’ Ascend Hotel Collection. The property is a joint venture between Concord and Beaufort Hospitality Enterprises that is slated to open in 2018 in the popular ...

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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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