Tag: hotel finance
Harrison Group Acquires Holiday Inn & Suites Virginia Beach – North Beach
OCEAN CITY, Maryland—The Harrison Group announced the acquisition of the Holiday Inn & Suites Virginia Beach – North Beach, an oceanfront resort located on...
Mumford Company Completes TownePlace Suites Southaven Transaction
NEWPORT NEWS, Virginia—Mumford Company announced the recently completed transaction of the TownePlace Suites in the Memphis suburb of Southaven, Mississippi. Steve Kirby and Ed...
CoStar: U.S. Hotel Performance Shows Positive Yearly Comparisons
WASHINGTON—U.S. hotel performance decreased from the previous week but showed positive comparisons year over year, according to CoStar's latest data through March 23, 2024....
Accor Releases Full-Year and Q4 2023 Results
Accor released full-year and Q4 2023 results. Driven by demand, Accor was able to set records in terms of operating and financial performance. All...
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...