NewcrestImage and Hospitality Capital Partners Acquire 16 Hotels in Joint Venture
In a joint venture, Dallas, Texas-based NewcrestImage and Phoenix, Arizona-based Hospitality Capital Partners (HCP) have acquired 16 hotels with a total of 2,155 rooms...
Maya Hotels Acquires Two Hampton Inn Properties in the Carolinas
CHARLOTTE, North Carolina—Maya Hotels announced its acquisition of two Hampton Inn-branded hotels in the Carolinas. The two Hampton Inn hotels—Hampton Inn & Suites Charlotte-Arrowood...
Mumford Company Completes the Sale of Two Hotels in the U.S. Southeast
NEWPORT NEWS, Virginia—Mumford Company completed the sale of the Beckley, West Virginia-based Quality Inn and Atlanta, Georgia-based Comfort Suites.
In the sale of the Beckley...
iBorrow and Rueben Brothers Provide Financing for Property Formerly Known as the Standard Hotel
WEST HOLLYWOOD, California—iBorrow announced that it has provided financing to Ian Schrager and Ed Scheetz to enable their acquisition of a 139-key hotel property...
JLL Closes Sale of Two Marriott-Branded Properties in New Jersey
NEW YORK—JLL’s Hotels & Hospitality Group announced that it has closed the sale of two Marriott brand hotels totaling 372 keys along the Hudson...
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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...
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