CBRE Reports H1 2023 Global Real Estate Capital Flows
According to CBRE, global cross-regional capital flows totaled $30.5 billion in H1 2023, down by 52 percent from H1 2022 and the second consecutive...
The Mogharebi Group Advises Portfolio Sale in Utah
The Mogharebi Group has advised a Utah-based private investor on the $8.9 million sale of a 156-key select-service hotel portfolio in Cedar City, Utah.
The...
MCR/MORSE Development Acquires Gramercy Park Hotel
NEW YORK—MCR acquired the Gramercy Park Hotel in New York City. MORSE Development, which developed the TWA Hotel at New York City’s JFK Airport,...
Blackstone, Realty Income Sign Equity Agreement for The Bellagio Las Vegas
NEW YORK and SAN DIEGO—Realty Income Corporation, The Monthly Dividend Company, and Blackstone Real Estate Income Trust, Inc. jointly announced that Realty Income has...
Cronheim Hotel Capital Secures Refinancing for Fairfield Inn & Suites in Manhattan
Cronheim Hotel Capital (CHC) has secured a $22,000,000 loan on behalf of LAM Generation in order to refinance the existing note on the 92-room...
Most Popular
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...
Advertisement