CIM Group announced today that its CIM Real Estate Debt Solutions business closed on behalf of a CIM managed fund a $34.97 million senior loan to a joint venture between Monarch Alternative Capital and HHM Hotels secured by the dual-branded Aloft/Element hotel in Orlando and a $28.9 million whole loan to Newbond Holdings secured by the Aloft in Tampa.
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As transactional volumes in Brisbane’s hotel market continue to increase through 2023, a Queensland-based hotel group has just acquired the freehold interest in Quest Chermside.
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Strategic growth highlighted by airport hotel expansion, investments in portfolio-wide Hyatt Place renovations by Service Properties Trust, and preview of the Hyatt Studios brand at The Lodging Conference
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CHICAGO (September 15, 2023) ––Hyatt Hotels Corporation (NYSE:H) announced today the opening of Andaz Macau in collaboration with Galaxy Macau™, the city’s prestigious luxury shopping,…
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CHICAGO (September 14, 2023) – Hyatt Hotels Corporation (NYSE: H) announced today the continued strategic growth of the Hyatt Place and Hyatt House brands throughout 2023. This growth includes…
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Hyatt Hotels Corporation and the NBA G League today announced a new multi-year sponsorship that makes Hyatt the Official Integrated Resort Partner of the NBA…
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LuxUrban Hotels Inc.(Nasdaq: LUXH) announced today that the Herald Hotel in New York City and O Hotel in Los Angeles have been re-branded as The Herald by LuxUrban, Trademark Collection by Wyndham and O Hotel, Trademark Collection by Wyndham, respectively.
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Marriott International, Inc. announced it has signed a Hotel Management Agreement with Indonesian real estate developer, PT. Pakuwon Jati Tbk. to open three properties in Indonesia’s new capital city, Ibu Kota Negara Nusantara. The multi-deal agreement was signed by President and CEO of Marriott International Anthony Capuano and President Commissioner of PT. Pakuwon Jati Tbk. Alexander Tedja.
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The Autograph Collection Hotel will be situated in central AlUla, adjacent to the AlUla Museum and opposite the AlUla Farmer's Market. Plans for the hotel include 250 rooms and suites, and extensive recreational and entertainment offerings including four dining venues, a spa, swimming pool, fitness center, business centre, meeting facilities and retail space.
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Ennismore & Banyan Tree Group Ink Deal with Dubai Holding to Bring Banyan Tree to Bluewaters
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