United Kingdom hotel loan agreements are undergoing summer stress testing as debt maturities peak.
Source: New feed

Investment Firm Behind Revitalizations of Church’s Texas Chicken, Quiznos and Taco Del Mar Set to Acquire Locations Formerly Operated by Summit Restaurant Holdings
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HVS Brokerage & Advisory, in cooperation with Jennifer Stein Real Estate Inc., as the sole and exclusive advisory firm to ownership, present the opportunity to acquire the 56-key Days Inn by Wyndham Lake Village, a limited-service hotel asset in Lake Village, Arkansas, that is currently owner-operated and will be sold without management encumbrances.
Source: New feed

CHICAGO (July 17, 2023) – Hyatt Hotels Corporation (NYSE: H) announced today that a Hyatt affiliate has entered into a franchise agreement with JUEL Hospitality Limited, part of the JUEL Group,…

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The property, set to begin construction in early 2024 and open in Summer 2026, will have around 275 rooms and suites and an additional 150 branded serviced apartments.
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In a review of hotel transactions for the first six months of the year, hotel industry experts say that the cost of capital and sellers holding out for a higher price while would-be buyers seek a better deal are slowing the pace, but there's potential for a turnaround.
Source: New feed

Hilton (NYSE: HLT) has announced the signing of Hilton Garden Inn in Hyderabad. Set to open in 2027, Hilton Garden Inn Hyderabad North was signed with real estate development company Gohar Paradise and will bring the first Hilton Garden Inn brand hotel to Sindh, Pakistan.
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Set to open in 2026, the 85-room hotel will take a prime beachfront location in the picturesque town of Chania and all guest rooms will feature a private pool.
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Clarion Pointe, a midscale select-service brand founded in 2018 and franchised by Choice Hotels International, Inc. (NYSE: CHH), is continuing its expansion with 60 hotels open and more than 50 hotels in the pipeline.
Source: New feed

Equinox Hospitality has acquired the Four Points by Sheraton San Rafael Marin County for $38 million. This acquisition marks Equinox's fifth successful addition to its hotel portfolio in the past year.
Source: New feed