Mountain Modern shares plans to double its footprint in the heart of Jackson, adding 59 rooms, studios and suites, indoor-outdoor community spaces, social hub, and more
Source: New feed

Opening to guests in 2025, Avani Mooloolaba Beach Hotel will enjoy a sought-after central location on the corner of Brisbane Rd and First Avenue, just moments from the Mooloolaba beach foreshore.
Source: New feed

Speakers at the 2022 ALIS Summer Update event in Dallas said perceived risks for the hotel industry are driving out some second- or third-generation owners in favor of more stable real estate asset classes.
Source: New feed

Crowne Plaza Resort Pushkar will be a new-built property featuring 125 rooms and is expected to be operational by early 2026.
Source: New feed

YOTEL today announced its first hotel in Japan. Slated to open in 2024 under a long-term management agreement, YOTEL Tokyo will be located in Ginza.
Source: New feed

Weekly Hotel Industry Asia Pacific News Roundup from HVS
Source: New feed

The property is located in a strong retail corridor in Indiana and is corporate-operated under a net lease with approximately 4 years of term remaining.
Source: New feed

First Closing Delivers More than Half of Capital Sought for Fund Vehicle to Purchase Pandemic-Impacted Hotels
Source: New feed

The property, built in 2017, was purchased by Top Hospitality LLC, based in New Orleans, Louisiana, from Bridgewater Hospitality LLC, based in Houston, Texas.
Source: New feed

Angelo Gordon and Westmont initially invested in Room Mate in April 2022 to support the business and provide it with additional working capital. In order to fully restructure its debt, on June 24, 2022, Room Mate filed for insolvency with Commercial Court No. 14 of Madrid, which today approved the sale of the productive unit to Angelo Gordon in partnership with Westmont.
Source: New feed