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...
Parks Hospitality Holdings Acquires Boston Park Plaza
BOSTON, Massachusetts—Parks Hospitality Holdings confirmed the acquisition of the Boston Park Plaza. Located in Boston's central Back Bay neighborhood, the 1,060-key property will see...
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,...
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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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