Marcus Hotels & Resorts announced today that it along with Hempel Real Estate and Robinson Park Investments have reached an agreement to jointly acquire the Loews Minneapolis Hotel.
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Month: February 2024
Thompson Houston Opens as a Sophisticated Urban Destination in the Heart of Houston
CHICAGO (February 14, 2024) – Hyatt Hotels Corporation (NYSE: H) announced today the opening of Thompson Houston, Houston’s newest luxury lifestyle hotel offering a distinctive guest…
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Hyatt to Expand All-Inclusive Portfolio in Mexico with Plans for first Breathless Resort & Spa Branded Property in Puerto Vallarta
CHICAGO (February 15, 2024) – Hyatt Hotels Corporation (NYSE: H) in collaboration with Grupo Hotelero Santa Fe, S.A.B. de C.V., announce that their affiliates have entered into an agreement to…
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Hotel Alba, Tapestry Collection by Hilton Located in Tampa, Florida Secures $35.0 Million Financing
Sotherly Hotels Inc. (NASDAQ: SOHO) today announced that the Company has executed a $35.0 million secured loan with Citi Real Estate Funding Inc., collateralized by a first mortgage on Hotel Alba, Tapestry Collection by Hilton located in Tampa, Florida.
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Extended Stay America Select Suites Hotel Breaks Ground in Wildwood, Florida
Extended Stay America announced the groundbreaking of the first new construction Extended Stay America Select Suites prototype in Wildwood, Florida. The franchised property is being developed by Southern Hospitality.
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LivAway Suites Extended Stay Hotel Breaks Ground in Dewitt, N.Y. Near Syracuse Hancock International Airport
Since launching last spring, LivAway Suites now has five locations under construction and expects to break ground on 10 additional properties in 2024. LivAway Suites is on track to open its first locations this coming summer.
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Vie L'en Resort and Residences to Open 2028 in St. Maarten
Seton Indigo Bay, on the southwest Dutch side of the island, Vie L’Ven will feature a collection of fully furnished residences, alongside a luxury five-star hotel. Of the 280 units, 190 units will be hotel rooms (60 of which will be suites) and 90 private residences.
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180 Room Hilton Garden Inn Denver Tech Center Hotel Acquired by Peachtree Group
The seven-story hotel is located in the heart of the Denver Tech Center, one of the Denver MSA’s prominent employment hubs and the largest office submarket outside of the Central Business District, with 8.8 million sq ft of Class-A space.
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Bob W Secures Û40 Million Series B Funding for Continued Pan-European Expansion
This round was led by Evli Growth Partners and joined by growth capital investors and prominent European entrepreneurs, including Taavet+Sten, the investment firm of Wise’s founder Taavet Hinrikus and Sten Tamkivi, Flashpoint, and Supercell’s co-founder Mikko Kodisoja along with existing investors.
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$800M 5-Star Luxury Hotel and Residences Project Announced for Toronto
Real estate developer Peter Freed of Freed Developments announces first-ever Freed Hotel and Residences tower located at Adelaide and Duncan, just west of University. This $800M skyscraper will bring both Katsuya by Sam Nazarian’s Disruptive Group by sbe and artwork by Japanese artist Takashi Murakami to Toronto.
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