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...
PMZ Realty Capital Arranges Acquisition Financing For Holiday Inn & Suites Albuquerque Airport
NEW YORK—PMZ Realty Capital LLC announced that it arranged acquisition financing for the Holiday Inn & Suites Albuquerque Airport, located in Albuquerque, New Mexico....
JLL Capital Markets Arranges Financing for Dual-Brand Development in Tempe, Arizona
PHOENIX—JLL Capital Markets announced that it has arranged $24.5 million in construction financing for the development of the dual-branded Fairfield Inn and TownePlace Suites,...
Choice Hotels Announces Sale of Cambria Hotel Nashville Downtown
ROCKVILLE, Maryland—Choice Hotels International, Inc. announced the sale of the Cambria Hotel Nashville Downtown for $109.5 million. In addition, the company entered a long-term...
OTO Development Adds DoubleTree by Hilton in North Redington Beach to Its Portfolio
SPARTANBURG, South Carolina—OTO Development has added the DoubleTree by Hilton in North Redington Beach, Florida, to its growing beachfront portfolio. South Carolina-based OTO Development,...
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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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