Tag: 2024
MCR Refinances 16-Hotel Portfolio
NEW YORK—MCR has refinanced a 16-hotel portfolio for $333 million, generating $51 million of net proceeds. In less than three years, MCR doubled the...
Auditing PTO Policies: Ensuring Compliance Amid State Variations
As the dynamics of workforce management evolve, the landscape of managing paid time off (PTO) and various leaves is undergoing a significant transformation. The...
Sonesta Essential Houston Hobby Airport Opens
NEWTON, Massachusetts—Sonesta International Hotels Corporation announced the opening of Sonesta Essential Houston Hobby Airport. Situated in Houston, Texas, the 131-room upper-midscale hotel is located...
This Week’s Comings & Goings
Aligned Hospitality Management appointed Deborah Lahti as chief operating officer. Lathi will join Aligned’s corporate team to lead and manage the hotel’s daily business...
My Place Hotels of America Announces Partnership With Grubhub
ABERDEEN, South Dakota—My Place Hotels of America is partnering with Grubhub for guests’ dining experience at its hotels. Guests of My Place Hotels can...