Tag: September 2023
Auric Road Grows Its Portfolio of Petite Properties
Paul Makarechian has visited nearly every continent over the past four decades. Wherever his travels took him, he observed a noticeable difference between resorts...
Omni Hotels & Resorts Names Vince Parrotta Chief Operating Officer
DALLAS, Texas—Omni Hotels & Resorts announced the appointment of Vince Parrotta as its new chief operating officer. With over 40 years of operations experience,...
Sonesta Plans First Hotels in the Dominican Republic
NEWTON, Massachusetts—Sonesta International Hotels Corporation announced plans for Larimar City & Resort, a new multi-use development that marks the company's entry into the Dominican...
JLL Arranges Loan to Acquire and Renovate Aloft Tampa Downtown
NEW YORK CITY—JLL’s Hotels & Hospitality Group announced it has arranged a $29.6 million floating-rate term loan to acquire and renovate the 130-key Aloft...
Courtyard by Marriott Princeton Names Commonwealth Lodging as Manager
VIRGINIA BEACH, Virginia—Commonwealth Lodging Management, LLC was named manager of the Courtyard by Marriott in Princeton, New Jersey. An existing client of the firm...