Stonebridge Cos. Acquires a Five-Property Portfolio
DENVER—Stonebridge Cos. acquired a five-property, approximately 1,200 key hotel portfolio spanning the United States in late November.
“Our closing of this transaction was especially rewarding...
APF Arranges Acquisition Loan for Hampton Inn & Suites St. Augustine-Vilano Beach
ATLANTA, Georgia—Access Point Financial (APF) has arranged an $18.5 million acquisition loan for the Hampton Inn & Suites St. Augustine-Vilano Beach, located in St....
JLL Arranges Sale of Bayside Resort Hotel
BOSTON—JLL's Hotels & Hospitality Group announced that it arranged the sale of Bayside Resort Hotel, a 128-room hotel located on Cape Cod in West...
MHG Hotels Acquires Courtyard West Palm Beach Airport
WEST PALM BEACH, Florida—MHG Hotels announced the recent acquisition of Courtyard West Palm Beach Airport, marking a milestone in the company's growth. The property...
MCR, Island Capital Group Close on Sheraton New York Times Square Refinancing
NEW YORK—MCR Hotels, Island Capital Group, and JLL's Hotels & Hospitality Group announced that MCR and Island have closed on a $260 million refinancing...
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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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