Tag: hotel finance
JLL’s Hotels & Hospitality Group Closes Sale of Element Basalt Aspen
LOS ANGELES—JLL’s Hotels & Hospitality Group announced that it closed the sale of the Element Basalt Aspen, a 113-key extended-stay hotel in Basalt near...
Spirides Hotel Finance Company Provides Financing for Dunedin, Florida, Hotel Development
TAMPA, Florida—Spirides Hotel Finance Company has provided, and the borrower has closed, $14 million in construction-to-permanent mortgage financing from a Midwest-headquartered bank to finance...
Vision Hospitality Group Acquires and Plans Rebrand for Celebration Hotel
CHATTANOOGA, Tennessee—Chattanooga-based Vision Hospitality Group, Inc., announced the acquisition of the Bohemian Hotel Celebration, an Autograph Collection Hotel, in Celebration, Florida. The 115-room hotel...
Wyndham Hotels & Resorts Announces Q3 2022 Financial Results
PARSIPPANY, New Jersey—Wyndham Hotels & Resorts announced results for the three months that ended September 30, 2022. Highlights include:
Global RevPAR grew 12 percent...
NewcrestImage Reaches Agreement to Purchase 45 Hotels
NewcrestImage has reached a definitive agreement to purchase 45 hotels from a private investment firm. The terms of the transaction were not disclosed.
The portfolio...