Tag: April
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...
Choice’s Ascend Hotel Collection Marks 15-Year Anniversary
ROCKVILLE, Maryland—This year marks the 15th year since Choice Hotels International, Inc. launched the industry's soft brand segment with the introduction of the Ascend...
Noble House Hotels & Resorts Announces Partnership With Green Key Global
Noble House Hotels & Resorts announced its partnership with Green Key Global. All Noble House Hotels & Resorts within the United States have applied...
STR: Four World Regions Show Year-Over-Year Decline in Construction Activity
LONDON—Each of the four world regions showed a year-over-year decline in hotel construction activity. Asia Pacific is closest to its 2022 comparable, according to...
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,...