Sotherly Hotels Inc. (NASDAQ: SOHO) today announced that the Company has executed an extension which includes amended mortgage loan terms on its first mortgage with TD Bank, collateralized by the DoubleTree by Hilton Philadelphia Airport in Philadelphia, PA.
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The development is the Company’s first beachfront resort and is being built on an island of almost 62 hectares jutting into the Arabian Gulf. Wynn Resorts is developing the project in partnership with Marjan and RAK Hospitality Holding. It is anticipated to be the first integrated gaming resort in the Middle East North Africa (MENA) region.
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Rotana announced today at the Arabian Travel Market (ATM) its growing pipeline of planned openings in new territories.
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Hotel Stratford San Francisco, Handwritten Collection was built in 1910 and has recently undergone a multi-million-dollar refurbishment, ensuring the unique character of San Francisco shines through in every detail.
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Hyatt signs agreement with Knowledge Economic City for two new Hyatt-branded hotels in the Kingdom of Saudi Arabia
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Investment volumes in the first quarter of 2024 totalled US$30.5 billion, representing the only region globally to see year-on-year growth
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A summary of European hotel transactions provided by HVS
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CHICAGO (May 2, 2024) – Hyatt Hotels Corporation (NYSE: H) announced today the opening of Yada Xishan Hotel Yixing, the first Hyatt-branded hotel in the charming city of Yixing and the latest…
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First Major Hotel Sale in the Market Since Early 2023 Signals Rebound of Hotel Market Sales
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During its 68th Annual Convention in Las Vegas, Nevada, Choice Hotels International, Inc. (NYSE: CHH) announced the relaunch of Park Inn by Radisson. As part of the strategy with Choice’s acquisition of Radisson Hotels Americas in 2022, Park Inn by Radisson is being strategically repositioned into the premium value conversion space.
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