PMZ Realty Capital LLC announced today they have arranged a $40M refinancing loan for the Hilton Garden Inn Atlanta Downtown in Atlanta, Georgia. A European bank provided the five-year interest-only loan.
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Accor today shared an update on its market leading position in the global extended stay, serviced apartments and private rentals segments including new destinations for its brand.
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Members of the Lodging Industry Investment Council discussed the state of lending at The Lodging Conference 2023.
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This is the group’s fourth hotel currently being built in London. The other three new-build hotels are being constructed at the Kia Oval Cricket Ground, in Bermondsey and in Beckenham
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Choice Hotels CEO Pat Pacious is ready to book a stay inside the boardroom of budget hotel rival Wyndham to conduct some due diligence.
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The Siegel Group announced today that it had acquired the former Sunstyle Suites Inn located in Orlando, Florida. The property, which closed in a quick 30 day off-market transaction, was purchased for $10.33 million.
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Kalahari Resorts and Conventions broke ground in Spotsylvania County, Virginia — it’s fifth resort — on Friday, October 20, 2023. The ceremony marked the beginning of the construction of the 1.38 million-square-foot resort, estimated to open its doors to the public in 2026.
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Apple Hospitality REIT, Inc. (NYSE: APLE) yesterday announced that it has completed the acquisition of the 146-room Residence Inn by Marriott Seattle South/Renton for approximately $55.5 million, or $380,000 per key.
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Indian Hotels Company (IHCL) today announced the signing of its first SeleQtions branded hotel in Sirmaur, Himachal Pradesh. This is a Brownfield property, slated to open in 2024.
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Hilton launches its LXR luxury brand in Italy with the Grand Hotel Gardone Lake Garda, opening in 2026
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