NewcrestImage Completes 45-Hotel Portfolio Acquisition
Dallas-based NewcrestImage has closed on a portfolio of 45 hotels that includes 35 Marriott-branded, seven Hilton-branded, and three Choice-branded properties in 11 states: Arkansas,...
JLL Capital Markets Arranges Financing for Four Seasons Hotel Nashville Acquisition
DENVER—JLL Capital Markets announced it arranged $172 million in financing for the acquisition of the newly completed Four Seasons Hotel Nashville. JLL worked on...
Vision Hospitality Group Acquires and Plans Rebrand for Celebration Hotel
CHATTANOOGA, Tennessee—Chattanooga-based Vision Hospitality Group, Inc., announced the acquisition of the Bohemian Hotel Celebration, an Autograph Collection Hotel, in Celebration, Florida. The 115-room hotel...
Braemar Enters Agreement to Acquire Four Seasons Resort Scottsdale at Troon North
DALLAS — Braemar Hotels & Resorts Inc. announced it has entered into a definitive agreement to acquire the 210-room Four Seasons Resort Scottsdale at...
XSS Hotels and DelMonte Hotel Group Acquire Homewood Suites by Hilton Saratoga Springs
SARATOGA SPRINGS, New York—XSS Hotels in partnership with DelMonte Hotel Group has acquired the Homewood Suites by Hilton Saratoga Springs. The hotel is located...
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A Critical Eye on C-PACE Loans: 5 Hidden Expenses Borrowers Should Consider
First introduced in California in 2009, Commercial Property Assessed Clean Energy (C-PACE) programs offer long-term, fixed-rate loans that provide capital for improved energy and...
Royal Palm South Beach Miami Welcomes Pivot as Manager
ATLANTA, Georgia—Pivot, the lifestyle operating vertical of Davidson Hospitality Group, has been tapped by Park Hotels & Resorts to manage Royal Palm South Beach...
STR, TE Downgrade U.S. Hotel Forecast in Final Revision of 2024
NASHVILLE—STR and Tourism Economics downgraded the growth rate in the final U.S. hotel forecast revision of 2024.
For 2024, projected gains in average daily rate...
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