Tag: finance & development
Driftwood Capital Provides Mezzanine Financing for Sheraton Dallas Hotel
DALLAS—Driftwood Capital, through its lending fund Driftwood Lending Partners, LP (DLP), provided $30 million in mezzanine financing for the refinancing of the Sheraton Dallas...
The George Hotel Opens in Georgetown, South Carolina
CHARLESTON, South Carolina—The Indigo Road Hospitality Group has opened The George Hotel, a 56-key boutique property in Georgetown, South Carolina. The George represents milestones...
CoStar: Mixed Results Continue for U.S. Hotel Performance
WASHINGTON—U.S. hotel performance showed mixed results from the previous week, according to CoStar’s latest data through May 4, 2024. U.S. hotel performance showed lower...
Placemakr Expands Across Texas With Four New Properties
WASHINGTON—Placemakr announced an expansion across Texas with four new property launches, bringing the company's total operations to over 800 units in the state. The...
Hyatt Hotels Corporation Reports Q1 2024 Results
CHICAGO, Illinois—Hyatt Hotels Corporation reported first quarter 2024 results. Highlights include:
Comparable system-wide hotels RevPAR increased 5.5 percent compared to the same period in 2023
Comparable...