This Week's Hotel Deals and Financing News

Lodging Magazine · 30 Oct

Braemar Hotels & Resorts recently secured $80 million for the refinancing of Pier House Resort & Spa in Key West, Florida, and Sonnenblick-Eichner ar

Hodges Ward Elliott Arranges Sale of Freehand Hotel Portfolio

Lodging Magazine · 16 Oct

New York - Hodges Ward Elliott (HWE), an independent hotel brokerage and investment-banking firm with eight offices throughout the U.S., announced th

Holiday Inn Club Vacations Expands Williamsburg Resort

Lodging Magazine · 15 Oct

Orlando, Fla. - Holiday Inn Club Vacations Inc., a national vacation ownership company, has opened a new four-story building at its Holiday Inn Club

In the Mix: A Primer for Mixed-Use Developers
In the Mix: A Primer for Mixed-Use Developers

Lodging Magazine · 14 Oct

A space that combines a hotel and another type of business may make a developer question the myriad ways the hotel and the business' uses are designe

Ashford Trust To Convert Key West Hotel into Marriott Autograph Collection Property

Lodging Magazine · 4 Oct

Ashford Hospitality Trust, Inc. has entered into a new franchise agreement with Marriott International to convert its Crowne Plaza La Concha Key West

Georgia Officials Join Hotel Industry Against Human Trafficking

Lodging Magazine · 2 Oct

On Oct. 1, 2019, Governor Brian Kemp, First Lady Marty Kemp, Senator David Perdue, Attorney General Chris Carr, Congressman Doug Collins, and Georgia

Mumford Company Continues on Robust Path with Multiple Sales

Lodging Magazine · 18 Sep

Mumford Company closed 10 transactions in the last several weeks, continuing the robust activity seen so far this year. Several of the deals include

Florida Comfort Inn Maingate Receives $10M in Financing

Lodging Magazine · 18 Sep

Walker & Dunlop, Inc. has structured $9,570,000 in financing for the Comfort Inn Maingate. Located in Kissimmee, Florida, the 197-room hotel is just

Americans Strongly Support Reforming Federal Law To Rein In Illegal Short-Term Rentals

Lodging Magazine · 11 Sep

Washington, D.C. - According to a new national survey, Americans overwhelmingly support amending federal law to remove loopholes used by short-term r

FLEETCOR Companies Creative Lodging Solutions and CLC Lodging Merge

Lodging Magazine · 26 Aug

CLC Lodging and Creative Lodging Solutions (CLS), both FLEETCOR companies, announced the brands will merge under the CLC Lodging name as part of a co

Orange Lake Resorts To Change Its Corporate Name

Lodging Magazine · 19 Aug

Orange Lake Country Club, Inc. announced that it is changing its name to Holiday Inn Club Vacations Incorporated to align with its growing vacation o

Moda Momentum: Wyndham Announces 5 New Microtel Deals

Lodging Magazine · 14 Aug

Microtel by Wyndham today announced an agreement with developer Pete Patel for five new properties under the brand's new Moda prototype, which is des

Karas Hotel Advisors Announces Completion Of Unique Assignments

Lodging Magazine · 13 Aug

L.K. Eric Prevette and Carlos C. Lopes, principals of KARAS Luxury Hotel Advisors, recently completed two unique assignments in the Caribbean and San

Midas Hospitality To Co-Develop Its First Los Angeles-Area Property

Lodging Magazine · 30 Jul

Midas Hospitality, a hotel development, management, and investment firm, recently announced its second opportunity zone fund that is seeking to raise

Paramount Hotel Group Adds Red Roof PLUS+ Long Island To Portfolio
Paramount Hotel Group Adds Red Roof PLUS+ Long Island To Portfolio

Lodging Magazine · 24 Jul

Fairfield, N.J.--Paramount Hotel Group, a full-service, third-party hotel management company, added Red Roof PLUS+ Long Island in Westbury, N.Y., to

Mumford Company Closes 10 Deals in 60 Days
Mumford Company Closes 10 Deals in 60 Days

Lodging Magazine · 18 Jul

Mumford Company closed 10 individual transactions in the last 60 days representing a broad range of property types from the Hilton, Choice, Wyndham,

Deal Report: Four Financing and Acquisition Announcements
Deal Report: Four Financing and Acquisition Announcements

Lodging Magazine · 17 Jul

HREC Arranges Sale of DoubleTree by Hilton San Antonio Airport HREC Investment Advisors has arranged the sale of the 291-guestroom DoubleTree by Hilt

Deal Report: Four Hotel Financing Announcements

Lodging Magazine · 10 Jul

Sonnenblick-Eichner Arranges $29 Million Construction Loan for Cambria Hotel in California Sonnenblick-Eichner Company has arranged $29 million of co

Denihan Hospitality Group Completes $35 Million in Renovations Across Affinia Brand

Lodging Magazine · 21 Jun

Denihan Hospitality Group has completed a refresh of its New York City-based Affinia Hotels & Suites collection, which includes three properties: She

HotStats: Dallas Hotels Increase GOPPAR in April

Lodging Magazine · 17 Jun

Dallas hotels provided a bright spot in a generally sour month of performance across the United States in April, recording a 1.1 percent increase in

Maya Hotels Plans Hilton Garden Inn in Steele Creek-Charlotte, North Carolina

Lodging Magazine · 11 Jun

Charlotte, N.C.--Maya Hotels will be developing a 138-room Hilton Garden Inn in the Steele Creek area of Charlotte, N.C. The hotel will be a part of

These Three Hotel Companies Each Exceed 500,000 Rooms in North America

Lodging Magazine · 5 Jun

The portfolios of three hotel companies each exceed 500,000 rooms in North America, according to census data from STR.

Two New Tax Advantaged Financing Tools for Hotel Investors

Lodging Magazine · 4 Jun

Brad Elmer, managing director of Baker Tilly Capital, LLC, the wholly owned private investment banking subsidiary of Baker Tilly Virchow Krause, LLP,

Motto by Hilton Signs First U.S. Hotel in Atlanta's Old Fourth Ward Neighborhood

Lodging Magazine · 3 Jun

Hilton today announced the first U.S. signing of a Motto by Hilton hotel in the Old Fourth Ward neighborhood of Atlanta in partnership with Lucror Re

Ashford To Acquire Remington's Hotel Management Business for $275 Million

Lodging Magazine · 3 Jun

Ashford Inc. today announced that it has signed a definitive agreement to acquire the hotel management business of privately-held Remington Holdings,

MGM Resorts Signs ECPAT's Tourism Child-Protection Code of Conduct

Lodging Magazine · 24 May

MGM Resorts has signed ECPAT's Tourism Child-Protection Code of Conduct (The Code), a worldwide network of organizations working to end the sexual ex