Cronheim Hotel Capital Secures Refinancing for Fairfield Inn & Suites in Manhattan
Cronheim Hotel Capital (CHC) has secured a $22,000,000 loan on behalf of LAM Generation in order to refinance the existing note on the 92-room...
Red Roof Inn Nacogdoches Opens
NACOGDOCHES, Texas—Red Roof announced the opening of the Red Roof Inn Nacogdoches, Texas.
Located near the TX-224 Loop and the US-59 Highway, the Red Roof...
CoStar: U.S. Hotel Performance Declines, Follows Seasonal Patterns
WASHINGTON—Following seasonal patterns, U.S. hotel performance declined from the previous week but showed mostly positive comparisons year over year, according to CoStar’s latest data...
Cambria Hotel Tampa–Brandon Breaks Ground
ROCKVILLE, Maryland—Choice Hotels International, Inc. continued the expansion of its Cambria Hotels brand with the groundbreaking of Cambria Hotel Tampa–Brandon. Located in East Tampa,...
Waramaug Hospitality Acquires Atlanta Marriott Peachtree Corners
CORAL GABLES, Florida and ATLANTA, Georgia—Waramaug Hospitality acquired the Atlanta Marriott Peachtree Corners located northeast of Atlanta's Interstate-285 beltway perimeter within the corridor surrounding...
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Driftwood Capital Secures Refinancing for Sheraton Park City Hotel
PARK CITY, Utah—Driftwood Capital announced it secured $33 million in refinancing for the Sheraton Park City hotel in Park City, Utah, a 200-key hotel...
Hilton Reports Q1 2024 Results
MCLEAN, Virginia—Hilton Worldwide Holdings Inc. reported its first quarter 2024 results. Highlights from the first quarter include:
Diluted EPS was $1.04 for the first quarter,...
stayAPT Suites Partners With Powerhouse Hotels for Brand Expansion
MATTHEWS, North Carolina—stayAPT Suites announced a significant expansion initiative in partnership with Powerhouse Hotels, a joint venture between JCap Realty Group and Cullinan Holdings....
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