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Leisure Reservations Surged in April

Leisure Reservations Surged in April

DALLAS—Pegasus Solutions has issued data showing that the leisure market in North America surged ahead in April by an impressive +7.0 percent, surpassing the global rate of +6.2 percent. Corporate bookings struggled to maintain the record global pace of +8.8 ...

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Securing SBA Loans

Securing SBA Loans

Small Business Administration (SBA) loans remain the main route to capital for many first-time hotel buyers and for owners looking to finance mid-tier suburban properties, but securing these loans can be a long, arduous process if a borrower is unprepared. ...

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ARC Realty Finance Trust Makes First Portfolio Investment

NEW YORK—ARC Realty Finance Trust announced that it closed on its first portfolio investment—a $6.5 million mezzanine loan originated as part of a $57.5 million total financing provided to the ownership of the W Minneapolis, located in downtown Minneapolis, Minn. ...

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