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One Daytona Selects Hotel Partners

One Daytona Selects Hotel Partners

One Daytona, the proposed mixed-use and entertainment destination across from Daytona International Speedway in Daytona Beach, Fla., selected Shaner Hotels and Prime Hospitality Group (PHG) as its hotel partners. Shaner Hotels and PHG are planning a 145-room, full-service boutique property ...

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The New ABCs of Hotel Financing

The New ABCs of Hotel Financing

The fundamentals of hotel investing have never been better, and opportunities abound for getting deals done. The current funding landscape isn’t as crazy as the Wild West days of 2007, but a rebounding economy and rosy RevPAR optimism, coupled with ...

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U.S. Construction Pipeline Picking Up Speed

U.S. Construction Pipeline Picking Up Speed

The total construction pipeline continued its upward trend in Q1 2014 and now stands at 3,226 projects/407,235 rooms, up 13 percent and 15 percent, respectively, year-over-year (YOY). For the second consecutive quarter, the pipeline posted a double-digit percentage increase after ...

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Starwood Capital Group to Acquire TMI Hospitality

Starwood Capital Group to Acquire TMI Hospitality

GREENWICH, Conn./FARGO, N.D.—Starwood Capital Group, through a controlled affiliate of Starwood Global Opportunity Fund X, has entered into an agreement to acquire all of the outstanding stock of TMI Hospitality from the TMI Hospitality Employee Stock Ownership Plan. The acquisition ...

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Hilton Cabana Miami Beach to Debut

Hilton Cabana Miami Beach to Debut

MIAMI BEACH, Fla. and MCLEAN, Va.—Hilton Cabana Miami Beach will debut in Miami Beach in summer 2014. This contemporary, full-service hotel will feature 231 guestrooms and is set within the quickly emerging sub-market known as Millionaire’s Row that is filled ...

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