Ashford Hospitality Trust has announced that it has successfully refinanced its mortgage loan, which was secured by the 703-room Marriott Crystal Gateway Hotel in Arlington, Virginia.
Source: New feed
A multi-million-dollar brand redesign and campaign were designed in-house and executed by world-class creatives, including Pentagram New York and Frosty.
Source: New feed
Located within the Fuji-Hakone-Izu National Park, the hotel will feature 126 rooms and a thermal spring facility on a 33-acre property in Hakone’s popular hot spring resort area.
Source: New feed
This newly acquired capital was used to settle an existing bank loan and to return equity to West77 Partners.
Source: New feed
This expansion propels Peachtree’s managed operations past the 100-hotel mark. The newly acquired properties are majorly Marriott, Hilton, and IHG-branded hotels in the Detroit metro area.
Source: New feed
Hotel group Mandarin Oriental is increasing its presence in the United States with its latest project on Miami’s Brickell Key. This is part of a series of planned projects in Mexico and Grand Cayman as the company strategizes its expansion in selected market
Source: New feed
The hotel, expected to open in late 2026, will offer 412 rooms and suites, an all-day dining restaurant, a tea salon, and a sky bar with panoramic airport views.
Source: New feed
The five-year, non-recourse financing has been used to pay off the original construction loan for the hotel.
Source: New feed
The property, previously a seven-story hotel in StockholmÕs central Norrmalm district, will be converted into a tech-powered, design-led space, expected to be completed by summer 2025.
Source: New feed
The Indian Hotels Company (IHCL) has announced its acquisition of the majority shareholding in Tree of Life, an operating company associated with Ambuja Neotia Group. This move signifies IHCL’s foray into the experiential leisure segment.
Source: New feed