Verakin Capital Completes Minority Investment in a Three-Hotel Portfolio
SAN MATEO, California—Officials of Verakin Capital announced that the company has completed a minority investment in a three-hotel portfolio at an undisclosed amount. This...
Making the Deal: How Market Conditions Will Impact Hotel Transactions in 2022
In the two years since the COVID-19 pandemic prompted shutdowns and a slowdown in business across the United States, hotel transaction volume has recovered...
JLL Hotels & Hospitality Retained to Recapitalize L.A. LIVE Hotels
LOS ANGELES — JLL’s Hotels & Hospitality Group announced that in contemplation of a major expansion of the J.W. Marriott hotel at L.A. LIVE,...
Repositioning for Recovery: Deciding Factors When Determining a Hotel Brand or Flag Change
COVID-19 has created a myriad of troubles for hotel owners—and sometimes trouble means opportunity. As the industry slowly rebounds, savvy owners may see this...
Access Point Financial Exceeds 2021 Production Goal
ATLANTA — Access Point Financial, LLC (APF), a direct lender and specialty finance company focused exclusively on the hospitality industry, announced it exceeded its...
Most Popular
Controlling Utility Costs: Volatile Market Conditions Call for a Focus on Contracts and Energy...
Over the past four years, utility costs at U.S. hotels have increased at a pace greater than total operating revenue. As a result, utility...
The Bentley Hotel Southampton to Join JdV by Hyatt Brand
CHICAGO, Illinois—Hyatt Hotels Corporation announced The Bentley Hotel Southampton has officially joined the Hyatt portfolio as an affiliated hotel, in collaboration with Bijal Hospitality,...
Gale Miami Hotel and Residences Partners With Stayntouch
BETHESDA, Maryland—Stayntouch announced a new partnership with Gale Miami Hotel and Residences, a 51-story, 688-room hybrid apartment/hotel in downtown Miami, Florida, set to open...
Advertisement