Waramaug Hospitality Acquires Two Huntsville, Alabama Hotels
DALLAS — Waramaug Hospitality announced it acquired the Hilton Garden Inn Huntsville South/Redstone Arsenal and the Hampton Inn & Suites Athens I-65/Huntsville Area.
The 102-room...
NewcrestImage Reaches Agreement to Purchase 45 Hotels
NewcrestImage has reached a definitive agreement to purchase 45 hotels from a private investment firm. The terms of the transaction were not disclosed.
The portfolio...
Wolfgramm Capital Acquires Waldorf Astoria Park City Hotel
PARK CITY, Utah—Wolfgramm Capital has acquired the Waldorf Astoria Park City hotel in Park City, Utah, according to Co-Founder and CEO Phil Wolfgramm. The...
Wolfgramm Capital Acquires Residence Inn by Marriott Shreveport Airport
SHREVEPORT, Louisiana—Wolfgramm Capital acquired the 78-room extended-stay Residence Inn by Marriott, according to Wolfgramm Capital's Co-Founder and CEO Phil Wolfgramm. Located near Shreveport regional...
Noble House Hotels & Resorts Acquires Partial Ownership of The Marquesa Hotel
Noble House Hotels & Resorts, Ltd. announced the acquisition of 50 percent ownership in The Marquesa Hotel and Café Marquesa in Key West, Florida....
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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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