Austin Marriott North Hotel in Round Rock, TX Sold

Waramaug Hospitality, in a joint venture with Franklin Real Asset Advisors, announced today it acquired the Austin Marriott North, a 295-key full-service hotel located in Round Rock, Texas, with close proximity to downtown Austin.
Source: New feed

Two New Crowne Plaza Hotels to Open 2028 in Egypt

IHG Hotels & Resorts has signed a management agreement with Urbnlanes Development to bring two new Crowne Plaza hotels to Egypt. The dual signings will see the introduction of Crowne Plaza Cairo New Administrative Capital and the Crowne Plaza New Cairo Yellow.
Source: New feed

$72.5 Million Non-Performing Luxury Hospitality Loan in San Francisco, CA for Sale

Jones Lang LaSalle has been retained on an exclusive basis by the Seller to arrange the sale of a $72.5 million non-performing luxury hospitality loan. The Loan is secured by the first-lien on the fee and leasehold deed of trust in a full-service luxury hotel located in the Financial District of downtown San Francisco, CA.
Source: New feed