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Author: hotelprojectdata

Peachtree Group Completes Retroactive $176.5 Million Loan for Las Vegas Rio Hotel Renovation

August 18, 2025

Peachtree Group has closed a $176.5 million CPACE loan for the renovation of the Rio Hotel & Casino in Las Vegas, marking one of the largest CPACE financings in the U.S.
Source: New feed

Access Point Financial Acquires $98 Million in Atrium Hotels Refinancing

August 18, 2025

Access Point Financial has acquired $98 million in risk retention bonds as part of a $653 million refinancing of a 15-hotel portfolio owned by Atrium Holding Company.
Source: New feed

Soho House & Co Inc. to Go Private in $2.7 Billion Deal, Ashton Kutcher to Join Board

August 18, 2025

Soho House & Co Inc. has entered into a definitive agreement to be acquired by an investor group led by MCR, with shareholders receiving $9.00 per share in cash, valuing the company at approximately $2.7 billion.
Source: New feed

IHCL Signs Agreement for 10 Ginger Hotels, Adding Over 1,000 Rooms

August 18, 2025

Indian Hotels Company Limited (IHCL) has announced an agreement to open 10 new Ginger hotels in southern India, adding more than 1,000 rooms through an operating lease arrangement.
Source: New feed

Braemar Hotels & Resorts Secures New Loan for Four Seasons Resort Scottsdale

August 18, 2025

Braemar Hotels & Resorts Inc. has refinanced the mortgage loan for the Four Seasons Resort Scottsdale at Troon North, increasing the loan amount to $180 million.
Source: New feed

Scandic Hotels to Open First Scandic Go in Norway in 2026

August 18, 2025

Scandic Hotels will convert the Scandic Grensen in Oslo into Norway’s first Scandic Go hotel, expected to open in the first half of 2026.
Source: New feed

Holiday Inn Express & Suites Development Site Sold in Bedford, Texas

August 18, 2025

HVS Brokerage & Advisory has announced the sale of a development parcel for a Holiday Inn Express & Suites in Bedford, Texas, to I & A Development & Construction.
Source: New feed

Hyatt to Introduce The Unbound Collection in Thailand with Two New Hotels

August 15, 2025

The two properties, The Barai Hua Hin and Narai Hotel, will be the first of this brand in the country.
Source: New feed

Marriott Expands Indian Presence with Six New Hotels Across Four Cities

August 15, 2025

Marriott International has signed an agreement with Brigade Hotel Ventures Limited to develop six hotels across four Indian cities by 2030, adding 940 rooms under five of its brands.
Source: New feed

Premier Appoints Kunal Mody As Its New Senior Vice President of Development

August 15, 2025

ModyÕs appointment expands PremierÕs Development team, and adds notable fundraising, equity and debt structuring, and adaptive reuse expertise to the firm.
Source: New feed

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