A panel at the ALIS Summer Update conference in New York discussed the current state of hotel financing and how inflation and interest rate increases may mean deals require more creativity.
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Dine Brands International today announces plans to open five new IHOP restaurants in the western Kingdom of Saudi Arabia (KSA), including Jeddah, Mecca, Medina, and cities along the Red Sea coast, with the first location scheduled to open in Jeddah in early 2023.
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The Hilton Hotel will be the tallest building at BNA and the first and only hotel on MNAA property situated at the airport’s terminal door. Vertical construction of the Hilton property commenced on July 1, 2022.
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Located in the heart of the 'world's greatest open-air museum', this new property will be in close proximity to the city’s ancient ruins including monuments, tombs and temples, set on the Nile offering stunning river views and more than 18,000 sqm of lush gardens.
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he Le Méridien brand is expected to debut in East India with the opening of Le Méridien Ranchi. Other planned openings include Courtyard by Marriott Asansol, Fairfield by Marriott Maithon, Fairfield by Marriott Ranchi, and Fairfield by Marriott Deoghar.
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Located steps away from Crypto.com Arena, the property aims to provide the best 'Enterstayment' possible
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CHICAGO (July 18, 2022) – Hyatt Hotels Corporation (NYSE: H) today announced the appointment of Eben Hewitt as Hyatt’s Chief Information Officer, effective July 18. Hewitt will oversee…
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MCR has closed on a $420 million refinancing of 30 hotels across the country. The financing was provided by balance sheet lenders Wells Fargo (who served as lead left arranger on the transaction), BMO Harris (joint lead arranger), Bank of America and Square Mile Capital at an interest rate of SOFR + 3.73%.
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VICI Properties Inc. (NYSE: VICI) announced today that the Company has agreed to provide a mezzanine loan investment for up to $59.0 million to Great Wolf Resorts, Inc. related to the development of Great Wolf Lodge South Florida, a more than $250 million family resort project in Collier County, FL.
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n conjunction with the launch of its Residences, Banyan Tree will also develop resorts and golf courses in the country through 2030.
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