Tag: 2024
PM Hotel Group and Sightline Hospitality Announce Strategic Merger
CHEVY CHASE, Maryland—PM Hotel Group and Sightline Hospitality announced a strategic merger. This partnership marks a development in PM Hotel Group’s growth trajectory, specifically...
Lodging Econometrics: U.S. Hotel Construction Pipeline Reaches New All-Time High
According to the Q3 2024 U.S. Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), the total U.S. pipeline stood at 6,211 projects/722,821 rooms,...
Davidson Hospitality Group Enters Partnership With Nautic Partners
ATLANTA, Georgia—Davidson Hospitality Group announced that it has entered into a new partnership with Nautic Partners, a middle-market private equity firm. As part of...
Sonesta Executed 30 Franchise Agreements in Q3 2024
NEWTON, Massachusetts—Sonesta International Hotels Corporation announced the execution of 30 new franchise agreements during the third quarter of 2024, representing growth at seven of...
Access Point Financial Closes Investment in Hotel Portfolio Refinance
ATLANTA, Georgia—Access Point Financial announced the successful closing of a $133.1 million investment in Goldman Sachs' recent $985 million hotel portfolio refinance. Goldman Sachs...