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Deutsche Bank to Lend $1.9B to Kyo-ya Hotels & Resorts

Deutsche Bank to Lend $1.9B to Kyo-ya Hotels & Resorts

Deutsche Bank AG will lend $1.9 billion to Kyo-ya Hotels & Resorts LP, owner of five Starwood-branded hotels in Hawaii and one in San Francisco, reports Bloomberg Businessweek. The Frankfurt-based lender, which was competing with Credit Suisse Group AG, JPMorgan ...

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Shaner Hospitality Closes on $8.25 Million Investment

Shaner Hospitality Closes on $8.25 Million Investment

STATE COLLEGE, Pa.—Shaner Hospitality Finance, a financial services firm specializing in serving the hospitality industry, has announced the completion of an $8.25 million investment in the Southbridge Hotel and Conference Center in Southbridge, Mass. Shaner Hospitality Finance purchased the existing ...

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A Booming Business

While new development is tentatively rising overall in the hotel industry, it is booming in certain U.S. states. This demand is being fueled by the growing energy opportunities in places such as Nebraska, North Dakota, Oklahoma, Wyoming, and West Virginia ...

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