Tag: hotel finance
JLL Arranges Refinancing Loan for Four Orlando Properties
ORLANDO—JLL announced that it arranged a $145 million loan to refinance a 997-key portfolio of four newly developed, Marriott- and Hilton-branded select-service hotels located...
Wyndham Opens First Trademark Collection Hotel in Türkiye
ISTANBUL—Wyndham Hotels & Resorts announced the opening of the 68-room Istanbul New Airport Hotel, its first Trademark Collection by Wyndham hotel in Türkiye. The...
STR: Pre-Memorial Day U.S. Hotel Performance Decreased
HENDERSONVILLE, Tennessee—As expected ahead of Memorial Day, U.S. hotel performance decreased from the previous week, according to STR's latest data through May 27, 2023....
The Lending Landscape: Best Practices to Obtain Funding Amid a Hotel Financing Slowdown
With interest rates not expected to decline until mid- to late 2024, hoteliers are still navigating market conditions that are characterized by a higher...
MGM Resorts International Reports Q1 2023 Financial Results
LAS VEGAS—MGM Resorts International reported financial results for the quarter ended March 31, 2023.
"MGM Resorts is executing across all of its geographies and channels...