Electra America Hospitality Group Acquires Former Loews Boston Hotel
BOSTON—JLL’s Hotels & Hospitality Group announced that it has closed the sale of and arranged acquisition financing for the former Loews Boston Hotel, a...
Mumford Company Announces Sale of Courtyard by Marriott in Cayce, South Carolina
NEWPORT NEWS, Virginia—Mumford Company represented an affiliate of Raines Co. in the recent sale of the Courtyard by Marriott in the Columbia suburb, Cayce,...
Mission Hill Hospitality Acquires the Oread Hotel
DENVER, Colorado—Mission Hill Hospitality announced it has acquired the Oread Hotel, a 102-key property adjacent to the University of Kansas in Lawrence. It will...
Noble Investment Group Acquires a 14-Hotel Portfolio
ATLANTA—Noble Investment Group (Noble) announced the acquisition of a 14-hotel portfolio including Marriott, Hilton, and Hyatt-branded properties. Noble will invest in physical enhancements across...
Indigo Road Hospitality Group Acquires Snowbird Mountain Lodge
CHARLESTON, South Carolina—The Indigo Road Hospitality Group (IRHG) has acquired Snowbird Mountain Lodge in Robbinsville, North Carolina, and assumed management of the property. IRHG...
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Controlling Utility Costs: Volatile Market Conditions Call for a Focus on Contracts and Energy...
Over the past four years, utility costs at U.S. hotels have increased at a pace greater than total operating revenue. As a result, utility...
The Bentley Hotel Southampton to Join JdV by Hyatt Brand
CHICAGO, Illinois—Hyatt Hotels Corporation announced The Bentley Hotel Southampton has officially joined the Hyatt portfolio as an affiliated hotel, in collaboration with Bijal Hospitality,...
Gale Miami Hotel and Residences Partners With Stayntouch
BETHESDA, Maryland—Stayntouch announced a new partnership with Gale Miami Hotel and Residences, a 51-story, 688-room hybrid apartment/hotel in downtown Miami, Florida, set to open...
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