Rockpoint and Highgate Announce Sale of Scottsdale Plaza Resort and Villas
BOSTON, Massachusetts, and SAN FRANCISCO, California—Rockpoint and Highgate announced the sale of the Scottsdale Plaza Resort and Villas, a historic hotel in Paradise Valley,...
Sonnenblick-Eichner Arranges Refinancing for Texican Court Hotel
LOS ANGELES, California—Sonnenblick-Eichner Company on behalf of Valencia Hotel Group has arranged $19.5 million of first mortgage debt to refinance the Texican Court hotel...
JLL Arranges Sale of Hyatt Place Pittsburgh Airport / Robinson Mall
NEW YORK—JLL’s Hotels & Hospitality Group announced that it arranged the sale of the 127-room Hyatt Place Pittsburgh Airport / Robinson Mall in Pittsburgh,...
Apple Hospitality REIT Acquires AC Hotel by Marriott Washington DC Convention Center
RICHMOND, Virginia—Apple Hospitality REIT, Inc. announced the acquisition of the 234-room AC Hotel by Marriott Washington DC Convention Center for approximately $116.8 million, or...
Access Point Financial Unveils PIP Renovation Program
Access Point Financial (APF) announced the launch of its PIP Renovation Program designed to support hotel owners in meeting franchisor-mandated improvements and refreshing their...
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Driftwood Capital Secures Refinancing for Sheraton Park City Hotel
PARK CITY, Utah—Driftwood Capital announced it secured $33 million in refinancing for the Sheraton Park City hotel in Park City, Utah, a 200-key hotel...
Hilton Reports Q1 2024 Results
MCLEAN, Virginia—Hilton Worldwide Holdings Inc. reported its first quarter 2024 results. Highlights from the first quarter include:
Diluted EPS was $1.04 for the first quarter,...
stayAPT Suites Partners With Powerhouse Hotels for Brand Expansion
MATTHEWS, North Carolina—stayAPT Suites announced a significant expansion initiative in partnership with Powerhouse Hotels, a joint venture between JCap Realty Group and Cullinan Holdings....
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