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Hotel Construction Ramping Up in Unexpected Places

Hotel Construction Ramping Up in Unexpected Places

The U.S. RevPAR recovery is well underway. With operating fundamentals now nearing or surpassing the prior peaks of 2007 and room demand at an all time high, industry participants feel positive. But, as always in the lodging industry, positive news ...

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Carey Watermark Investors Acquires Hutton Hotel In Nashville

Carey Watermark Investors Acquires Hutton Hotel In Nashville

NEW YORK—Carey Watermark Investors (CWI) announced that it has acquired Hutton Hotel, a four-star, luxury lifestyle boutique hotel in downtown Nashville. The 247-room hotel opened in 2009. CWI’s total investment in the property is approximately $77.3 million, including a $73.6 ...

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Nashville Airport Marriott Completes Lobby Renovation

Nashville Airport Marriott Completes Lobby Renovation

NASHVILLE, Tenn.— Nashville Airport Marriott announced the near completion of an extensive lobby makeover. The $5.2 million makeover began at the end of November 2012 and transformed the lobby into Marriott’s distinct M.I. Greatroom concept. The new Greatroom design removes ...

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Dual-branded Marriott Project Planned for Nashville

Dual-branded Marriott Project Planned for Nashville

NASHVILLE—Access Point Financial Inc., (APF) a direct full-service lending and advisory firm focused on the hospitality industry, announced it has provided first mortgage financing for a $37.5 million, 245-room dual-branded Marriott project located in the Midtown-West End district of Nashville, ...

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Aloft Unveils Hotels in San Francisco and Nashville

STAMFORD, Conn.—A pair of Aloft hotels opening this month are conversions of existing hotels, and highlight a new growth channel for Starwood Hotels & Resorts Worldwide, Inc.’s brand. The Aloft brand is turning to conversions to keep up with global ...

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