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DoubleTree by Hilton Opens First Hotel in Huntsville, Alabama

MCLEAN, Va—DoubleTree by Hilton announced the opening of an upscale, full-service, all-suite hotel situated in Huntsville, Alabama. The 149-room DoubleTree Suites by Hilton Hotel Huntsville South, formerly a Radisson, is owned by Enterprise Lodging of Huntsville, LLC, and operated by ...

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Intricacies of the Business

While the hotel asset class generally falls into one of the top five food groups, along with multifamily, office, industrial, and retail, it is the one that is most often most misunderstood, and perhaps feared, by commercial real estate lenders. ...

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Right On Schedule

In the fall of 2010, when U.S. hotel managers were preparing 2011 budgets, most industry participants were pleasantly surprised at the strong pace of the recovery in lodging demand. By year-end 2010, the occupancy level for U.S. hotels increased by ...

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Rising Residence Inn

New developments, especially those of the large-scale variety, are hard to come by these days. But in Chicopee, Mass., near Springfield, BK Investments and Waterford Hotel Group are teaming up to build a new Residence Inn by Marriott to be ...

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Kent State University Foundation Developing 95-Room Hotel

KENT, Ohio—A unique public/private partnership, that includes $9 million in New Markets Tax Credits (NMTC) from Finance Fund, and $6.5 million from Development Fund of the Western Reserve (DFWR), will enable the Kent State University (KSU) Foundation to fund an ...

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