Hotel
Remodeled Holiday Inn Debuts in Arkansas
InterContinental Hotels Group completed a multi-million dollar renovation of the 150-key Holiday Inn Presidential Downtown Little Rock. The property features 5,000 square feet of meeting space.
Best Western Brand Tapped for Stratosphere, Aquarius Resorts
American Casino and Entertainment Properties chose Best Western’s BW Premier collection for the properties, which include Las Vegas’ tallest structure and a 1,906-key resort in Laughlin, Nev.
LBA Hospitality to Launch 2 New Orlando Hotels
TownePlace Suites by Marriott Orlando at SeaWorld and Holiday Inn Express and Suites Orlando at SeaWorld are slated to open this summer.
HFF Secures Financing for Florida Beach Hotel
The 123-key Days Inn Hotel will feature upon renovations two outdoor pools, upgraded landscaping, fitness and business center, as well as seven additional guest rooms.
New 75-Key Hotel Breaks Ground in East Austin
The $15 million, six-story hotel will begin commercial operation by the end of August 2018 and will include 26 cabana-type lodging rooms.
West Coast’s Tallest Building Open for Business
Korean Air and Hanjin Group developed Wilshire Grand Center, a $1.1 billion skyscraper, which brings offices, a luxury hotel and convention space to downtown Los Angeles.
LA’s The Line Hotel Lands $93M Refi
Natixis has arranged the floating-rate financing for The Yucaipa Cos., owner of the 384-key lifestyle hotel in Los Angeles.
MGM Resorts International Awarded Four Green Globe Certifications
The award, the highest assessment given by GBI, was bestowed upon a portfolio of 26 retrofit buildings in Las Vegas, which encompass more than 45 million square feet of hospitality space.
AHIP Closes $407M Hotel Portfolio Purchase
The Canadian REIT is the new owner of the Eastern Seaboard Portfolio, a collection of 18 Marriott and Hilton properties in Maryland, New Jersey, New York, Connecticut and Pennsylvania.
Homewood Suites Comes to San Diego’s Hotel Circle
Developed and owned by T2 Hospitality, the property brings 245 suites with fully equipped kitchens to Mission Valley and is managed by Evolution Hospitality.