Ashford Completes Acquisition of Remington’s Project Management Business
DALLAS—Ashford Inc. has completed its previously announced acquisition of Remington Holdings, L.P.'s project management business. The transaction is part of Ashford's strategy to add...
Sonnenblick-Eichner Arranges $50 Million Loan to Refinance Seattle’s Hotel Theodore
Beverly Hills, Calif. – Sonnenblick-Eichner Company has arranged $50 million of interim first mortgage financing to refinance Hotel Theodore, a 20-story, 153-room, full-service, luxury...
AccorHotels To Purchase an 85 Percent Stake in 21c Museum Hotels for $51 Million
AccorHotels announced that it has signed an agreement to acquire 85 percent of 21c Museum Hotels, a hospitality management company pushing the boundaries of...
RLH Corporation Sells Two More Properties in July as Part of Asset-Light Strategy
DENVER—This month, RLH Corporation announced the sales of Red Lion Hotel Port Angeles for $19.5 million and Hotel RL Spokane at the Park for...
PMZ Realty Capital Arranges $32 Million Loan for Three-Hotel Portfolio in Georgia
NEW YORK — PMZ Realty Capital LLC announced the closing of a $32 million fixed-rate loan to refinance a three-property portfolio in Georgia. The...
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Red Roof Names Zack Garib As President; Fouad Malouf to Newly Created Position Of...
Red Roof®, an award-winning leader in the lodging industry, has named hotel industry veteran Zack Gharib as President, effective immediately.
Gharib brings more than two...
3 Ways Hoteliers Can Protect Data With Key Control Solutions
After planning and preparing dream vacations and securing reservations, hotel guests count on the protection and security of their credit card financial data through...
A Louisiana-Style Guest Getaway
Opened in January, the Origin Hotel Baton Rouge, a Wyndham Hotel, is housed in the Baton Rouge Savings & Loan Association Building, which is...
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