closings

Mumford Company Starts 2024 With Multiple Transaction Closings

NEWPORT NEWS, Virginia—Mumford Company announced it had a strong start in 2024, with multiple transactions closing in the first quarter of 2024. "The Federal Reserve's...

Access Point Financial Unveils PIP Renovation Program

Access Point Financial (APF) announced the launch of its PIP Renovation Program designed to support hotel owners in meeting franchisor-mandated improvements and refreshing their...
Boston Harbor

Ashford Trust Signs Agreement to Sell Hilton Boston Back Bay

DALLAS—Ashford Hospitality Trust, Inc. announced that it has signed a definitive agreement to sell the 390-room Hilton Boston Back Bay in Boston, Massachusetts, for...
Berkadia

Berkadia Arranges Refinancing for Hilton Garden Inn-Homewood Suites Jacksonville Downtown Southbank

JACKSONVILLE, Florida—Berkadia’s Hotels & Hospitality team arranged the refinancing of the leasehold interest in the Hilton Garden Inn-Homewood Suites Jacksonville Downtown Southbank, a 221-key,...
Dream Hollywood

LCP and Safanad Provide Loan for Dream Hollywood

NEW YORK, New York—The LCP Group, L.P., in a joint venture with Safanad, announced they provided a $33.3 million senior mortgage loan to an...
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Most Popular

Choice Hotels Publishes 2023 ESG Report

NORTH BETHESDA, Maryland—Choice Hotels International, Inc. published its 2023 Environmental, Social, and Governance Report. The report details Choice's latest initiatives to drive sustainability across...
Mr & Mrs Smith

World of Hyatt Platform Adds More Than 700 Properties From Mr & Mrs Smith

CHICAGO—Hyatt Hotels Corporation announced that World of Hyatt is offering members access to earn and redeem at a collection of more than 700 boutique...
hotel construction

Lodging Econometrics: U.S. Hotel Construction Pipeline Shows Robust Growth

As seen in the Q1 2024 U.S. Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), at the end of the first quarter, there...
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