LCP Provides a Construction Loan to Develop The Printing House
NEW YORK—The LCP Group, L.P. (LCP), a vertically integrated private real estate investment firm, announced it originated a $45,250,000 construction loan to Sun Development...
STR: July 2021 U.S. Hotel GOP Level Surpassed 2019 Comparable
BROOMFIELD, Colorado—Estimated U.S. hotel gross operating profit for July 2021 came in at 111 percent of the 2019 comparable, according to STR's latest monthly...
Lark Hotels Announces New Hotel and Partnership with Angevin & Co.
NEW ORLEANS—Lark Hotels announces that the boutique hotel company has entered into a new partnership with New Orleans-based hospitality group, Angevin & Co., founded...
Phoenix Downtown AC Marriott Sale Brokered by NewGen Advisory
PHOENIX—NewGen Advisory (NewGen) brokered the sale of the newly opened Phoenix Downtown AC Marriott. The property was opened in February 2021 and has 199...
Lodging Econometrics: Global Hotel Construction Pipeline Slightly Decreases
Lodging Econometrics (LE) has released its Global Hotel Construction Pipeline Trend Report, which compiles the hotel construction pipeline counts for every country and market...
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An Inside Look at Mattresses: Delving Into the Technology Prior to Procurement
A high-quality mattress promotes the restful sleep that is one of the fundamental offerings of the hotel industry. But even top-tier mattresses eventually need...
Accor Releases Q1 2024 Results
The first quarter of 2024 demonstrated the hotel demand in all Accor Group regions and segments. Operating performance indicators (RevPAR and portfolio growth) are...
Hilton Garden Inn Atlanta East/Stonecrest Completes Renovation
STONECREST, Georgia—Artemis Hotel Group announced the completion of a full-scale renovation for the Hilton Garden Inn Atlanta East/Stonecrest, located in Lithonia, Georgia.
The 110-room property...
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