In times of crisis, some hotel owners find themselves overwhelmed by debt and face a difficult dilemma – either keep putting more of their money into their troubled assets or stop paying their mortgages and lose their hotels to foreclosure.
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CHICAGO (September 12, 2024) – This Fall, TODAY comes to Miraval Austin Resort & Spa to host a special three-day luxury wellness event as part of its popular Making Space with Hoda Kotb…
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HVS Brokerage & Advisory announces the sale of the 130-key Marina Inn & Suites Chalmette-New Orleans, located at 5353 Paris Road, Chalmette, Louisiana 70043.
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Smith Hill Capital, the fully integrated commercial real estate debt investment management business of the Procaccianti Companies, and Bain Capital’s Special Situations team yesterday announced the firms’ joint venture originated a first mortgage financing for the Embassy Suites by Hilton Nashville Airport.
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Canadian Developer to Add Scandinavian Property to Resort Portfolio
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Seven Hills Realty Trust (Nasdaq: SEVN) today announced the closing of a $16.0 million first mortgage floating rate bridge loan secured by the Home2 Suites by Hilton Lake Mary Orlando.
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The Kingdom has introduced the Tourism Investment Enablers Program (TIEP), with the Hospitality Investment Enablers (HIE) initiative serving as a cornerstone. HIE is designed to significantly boost accommodation capacity in key tourism areas.
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The 85-key hotel will feature an all-day diner, a bar, a gym as well as treatment rooms for its wellness offering.
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The launch of the property Ð expected to be completed at the end of 2027 Ð is propelled by DubaiÕs position as a leader in the luxury lifestyle sector.
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Radisson Hotel Group reveals the rebranding of prizeotel to Prize by Radisson and announces two new Prize by Radisson hotel signings, accelerating its expansion across key destinations in Germany together with its market entry in Poland.
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