Lodging Daily News

PLANO, Texas—Aimbridge Hospitality named Tiffany Cooper and Niall Kelly to its global growth leadership team, led by Aimbridge’s Chief Global Growth Officer Allison Reid. Cooper joins as chief development officer—Americas and Caribbean, and Kelly assumes the role of head of development—EMEA. “I am delighted to welcome Tiffany and Niall to our global growth leadership team as we continue to evolve and strengthen strategies that directly support portfolio expansion and drive margin improvements for Aimbridge, our

NEW YORK—PMZ Realty Capital LLC announced that it arranged leasehold acquisition financing for the Holiday Inn Charleston-Riverview located in Charleston, South Carolina. A regional bank provided the $13.5 million acquisition loan for the property. “PMZ evaluates every single deal to determine what type of lender to approach for the project,” said Michael Sonnabend, co-CEO, PMZ Realty Capital. “Having done over ten deals with this sponsor and having a relationship with the regional bank allowed us

DALLAS—Commercial real estate lending slowed in the second quarter of 2023 as market uncertainty weighed on available debt capital, according to the latest research from CBRE. The CBRE Lending Momentum Index, which tracks the pace of CBRE-originated commercial loan closings in the United States, declined by 5.4 percent from Q1 2023 and 52.2 percent when compared with the strong loan volume of a year earlier. The index closed Q2 2023 at a value of 193.

WASHINGTON—U.S. hotel performance declined from the previous week and showed lower comparisons year over year, according to CoStar’s latest data through August 5, 2023. U.S. Hotel Performance July 30-August 5, 2023 Percentage change from comparable week in 2022:Occupancy: 68.9 percent (down 1.0 percent)ADR: $158.10 (up 2.2 percent)RevPAR: $108.97 (up 1.2 percent) Among the Top 25 Markets, Boston saw the largest year-over-year increases in occupancy (up 12.4 percent to 84.3 percent) and RevPAR (up 25.4 percent

ATLANTA—Actabl launched its two-way integration between Alice and Transcendent. The integration optimizes hotel operations by allowing real-time cross-departmental collaboration between front of house, housekeeping, and engineering to manage guest requests, guest satisfaction, and visibility and accountability. Designed with ease of use in mind, the integration enables both teams using Alice and engineers relying on Transcendent to collaborate and communicate within their systems. By creating workflow processes between teams, the integration decreases guest request resolution times