Home / Finance + Development / Finance (page 6)

Category Archives: Finance

Feed Subscription

Hard Rock Hotel in Palm Springs Raises $1.5M

Hard Rock Hotel in Palm Springs Raises $1.5M

PALM SPRINGS, Calif. and LOS ANGELES—Realty Mogul, along with Kittridge Hotels & Resorts LLC, announced today that stakes in the Hard Rock Hotel in Palm Springs are officially sold out. The Hard Rock Hotel in Palm Springs is the first ...

Read More »

RLJ Lodging Trust Acquires Hyatt Atlanta Midtown

RLJ Lodging Trust Acquires Hyatt Atlanta Midtown

BETHESDA, Md.—RLJ Lodging Trust today announced that it has acquired the 194-room Hyatt Atlanta Midtown located in Atlanta, Ga., for a purchase price of $49.5 million, or approximately $255,000 per key. The purchase price represents a forward capitalization rate of ...

Read More »

Loews Completes Acquisition of Graves 601 Hotel

Loews Completes Acquisition of Graves 601 Hotel

NEW YORK, N.Y.—Loews Hotels & Resorts has completed the acquisition of the 255-room Graves 601 Hotel Wyndham Grand. Located at the center of the business, theater, and entertainment districts in the heart of downtown Minneapolis, the former Graves Hospitality property ...

Read More »

Hotels Experience Healthy Growth in Both Bookings and Rate

Hotels Experience Healthy Growth in Both Bookings and Rate

The transient segment, which consists of individual business and leisure travelers, continues to be the driver of significant growth in the hotel market this summer season, according to data from the June 2014 TravelClick North American Hospitality Review (NAHR). However, ...

Read More »
Scroll To Top