Tag: finance & development
HRI Hospitality Announces Development of Caption by Hyatt Nashville
NASHVILLE, Tennessee—HRI Hospitality (HRIH), in partnership with C. B. Ragland Company and Peachtree Hotel Group, announced the financial closing for the ground-up development of...
The Steward, a Tribute Portfolio Hotel, to Open This Spring
SANTA BARBARA, California—The Steward, a Tribute Portfolio by Marriott hotel, will debut this spring in Santa Barbara, California. The 87 all-suite boutique hotel will...
STR: U.S. Weekly Hotel Occupancy Reaches Highest Level Since November 2022
HENDERSONVILLE, Tennessee—U.S. hotel performance increased from the previous week, according to STR's latest data through February 25, 2023. The U.S. weekly occupancy level was...
Mumford Company Completes the Sale of Two Hotels in the U.S. Southeast
NEWPORT NEWS, Virginia—Mumford Company completed the sale of the Beckley, West Virginia-based Quality Inn and Atlanta, Georgia-based Comfort Suites.
In the sale of the Beckley...
iBorrow and Rueben Brothers Provide Financing for Property Formerly Known as the Standard Hotel
WEST HOLLYWOOD, California—iBorrow announced that it has provided financing to Ian Schrager and Ed Scheetz to enable their acquisition of a 139-key hotel property...