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Red Roof Partners With FreedomPay for Payment Solutions

COLUMBUS, Ohio—Red Roof has selected FreedomPay to power payments across its portfolio of more than 700 hotels throughout the United States. With a focus...
front desk stock

Cronheim Capital Secures $13.25 Million for Acquisition of Hampton Inn & Suites Prattville

Cronheim Hotel Capital (CHC) has secured $13.25 million from a regional bank to capitalize the leasehold acquisition and change of ownership PIP for the...
Hilton New Orleans St. Charles Avenue

HRI Hospitality Adds Hilton New Orleans St. Charles Avenue to Its Portfolio

NEW ORLEANS, Louisiana—HRI Hospitality, LLC (HRIH), announced the addition of the Hilton New Orleans St. Charles Avenue to its portfolio of hotels. HRIH will manage and oversee operations...
The Bellevue Hotel

Procaccianti Companies Secures Final Approvals for The Bellevue Hotel in Newport, Rhode Island

PROVIDENCE, RHODE ISLAND—Procaccianti Companies announced that it has obtained all required approvals to develop and construct The Bellevue Hotel, a 91-key luxury boutique property...
Sheraton Dallas Hotel

Driftwood Capital Provides $35M in Mezzanine Financing for Sheraton Dallas

DALLAS, Texas—Driftwood Capital announced that, through its lending fund Driftwood Lending Partners, LP, it has provided $35 million in mezzanine financing for the refinancing...
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