Hodges Ward Elliott Arranges Sale of Marriott Saddle Brook
SADDLE BROOK, New Jersey—Hodges Ward Elliott arranged the sale of the Marriott Saddle Brook, a 241-key asset located in the township of Saddle Brook,...
Braemar Hotels & Resorts Finalizes Loan Extension for Hotel Yountville
DALLAS—Braemar Hotels & Resorts Inc. announced that it finalized an extension of its $51.0 million mortgage loan for the 80-room Hotel Yountville. The loan...
Opportunistic Outlook: Mehul Patel on NewcrestImage’s Acquisition Strategy
In 2022, NewcrestImage acquired nearly 90 hotels. Managing Partner and CEO Mehul Patel expects to top that number in 2023. To date, the Dallas,...
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...
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...
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IHG Hotels & Resorts Implements Apple AirPlay at North American Hotels
NEW YORK—IHG Hotels & Resorts launched Apple AirPlay in the first phase of hotel rooms, giving guests the ability to stream content privately from...
Davidson Hospitality Group Recommits to Sustainability
ATLANTA, Georgia—Davidson Hospitality Group announced its renewed commitment to sustainability and conservational efforts through streamlined engineering management, strategic operational partnerships, food and beverage programs,...
Maverick Hotels and Restaurants Adds Two Properties to Managed Portfolio
BOSTON, Massachusetts—Maverick Hotels and Restaurants announced that it has added The York Beach Surf Club and The Sea Latch Inn, both located in York...
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