PMZ Realty Capital Arranges $110 Million in Financing
NEW YORK—PMZ Realty Capital, a national boutique real estate investment banking firm focused on creating advantageous capital structures for its clients, announced it arranged...
Plunge Beach Hotel to Debut in April
LAUDERDALE-BY-THE-SEA, Fla.—The new Plunge Beach Hotel, located in the town of Lauderdale-by-the-Sea, will make its grand debut in April 2017.
Managed by Hospitality...
Ashford Hospitality Prime to Buy Park Hyatt Beaver Creek
Ashford Hospitality Prime, Inc. recently announced it has entered into a definitive agreement to acquire the 190-room Park Hyatt Beaver Creek Resort & Spa...
Select-Service Hotels Prove Efficient, Profitable
The definition of “select-service” within the lodging industry may vary from person to person, but there is no doubt that properties in this segment...
First Dual-Branded AC and Moxy Breaks Ground
ATLANTA—Marriott International and Noble Investment Group have celebrated the groundbreaking of what will be Marriott's first-ever combination of an AC and Moxy under one...
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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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