JLL’s Hotels & Hospitality Group Arranges Sale of Suncadia
SEATTLE—JLL's Hotels & Hospitality Group has arranged the sale of Suncadia, a resort community with hotel and residential accommodations encompassing close to 6,400 acres...
Virgin Hotels New Orleans Opens in the Warehouse District
NEW ORLEANS—Virgin Hotels, the lifestyle hotel brand by Virgin Group founder Sir Richard Branson, opens the doors to Virgin Hotels New Orleans. Located in...
Cronheim Hotel Capital Secures Funds for The Printing House
Cronheim Hotel Capital has secured $45,000,000 for the construction of The Printing House, part of Hilton’s Tapestry Collection of hotels. Indianapolis-based Sun Companies plans...
STR: July 2021 Reported Nominal Highs in ADR and RevPAR
HENDERSONVILLE, Tennessee—In July 2021, the U.S. hotel industry reported all-time monthly highs in average daily rate (ADR) and revenue per available room (RevPAR) on...
Home2 Suites by Hilton Jacksonville Airport Sale Represented by HUNTER
ATLANTA—Led by Mayank Patel, Hunter Hotel Advisors (HUNTER) represented BPR Properties in the sale of the Home2 Suites by Hilton Jacksonville Airport in Florida....
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Controlling Utility Costs: Volatile Market Conditions Call for a Focus on Contracts and Energy...
Over the past four years, utility costs at U.S. hotels have increased at a pace greater than total operating revenue. As a result, utility...
The Bentley Hotel Southampton to Join JdV by Hyatt Brand
CHICAGO, Illinois—Hyatt Hotels Corporation announced The Bentley Hotel Southampton has officially joined the Hyatt portfolio as an affiliated hotel, in collaboration with Bijal Hospitality,...
Gale Miami Hotel and Residences Partners With Stayntouch
BETHESDA, Maryland—Stayntouch announced a new partnership with Gale Miami Hotel and Residences, a 51-story, 688-room hybrid apartment/hotel in downtown Miami, Florida, set to open...
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