JLL’s Hotels & Hospitality Group Closes Sale of Element Basalt Aspen
LOS ANGELES—JLL’s Hotels & Hospitality Group announced that it closed the sale of the Element Basalt Aspen, a 113-key extended-stay hotel in Basalt near...
5 Senses Hospitality Invests in The Waters Hotel, Tapestry Collection by Hilton
HOT SPRINGS, Arkansas—Denver-based 5 Senses Hospitality announced its investment in The Waters Hotel, Tapestry Collection by Hilton. 5 Senses Hospitality has been managing the...
Sonnenblick-Eichner Company Arranges Construction Loan for Lionsback Resort
BEVERLY HILLS, California—Sonnenblick-Eichner Company has arranged $50 million of construction financing for Phase I of the Lionsback Resort in Moab, Utah, a 175-acre development...
Resilient Asset Class: Sandpiper Lodging Trust Grows Extended-Stay Footprint
Since its formation in 2018, Sandpiper Lodging Trust (SLT), a Richmond, Virginia-based real estate investment trust, has been working toward establishing a national footprint...
The Mogharebi Group Arranges Sale of the Inn at Avila
COSTA MESA, California—The Mogharebi Group (TMG) has arranged the sale of the Inn at Avila, a 32-room beachfront hotel property in the Central Coast...
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Controlling Utility Costs: Volatile Market Conditions Call for a Focus on Contracts and Energy...
Over the past four years, utility costs at U.S. hotels have increased at a pace greater than total operating revenue. As a result, utility...
The Bentley Hotel Southampton to Join JdV by Hyatt Brand
CHICAGO, Illinois—Hyatt Hotels Corporation announced The Bentley Hotel Southampton has officially joined the Hyatt portfolio as an affiliated hotel, in collaboration with Bijal Hospitality,...
Gale Miami Hotel and Residences Partners With Stayntouch
BETHESDA, Maryland—Stayntouch announced a new partnership with Gale Miami Hotel and Residences, a 51-story, 688-room hybrid apartment/hotel in downtown Miami, Florida, set to open...
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