Hotel
Cambria Hotels Debuts in California
The 152-key property near Los Angeles International Airport is the first of several projects the brand plans to open in the area.
Big Plans for NYC’s Out Hotel
Private lender Silver Arch Capital Partners provided a $30.4 million acquisition loan for the Midtown Manhattan hotel, which will undergo an extensive repositioning process.
Marriott Expands Modular Construction Initiative
The hospitality giant hopes to utilize the prefabrication process on roughly 13 percent of all deals for the region this year, which would be an industry first in North America.
Urban Loft Seating Collection Combines Form With Function
KFI’s new range of products offers natural wood-topped tables with industrial cast iron legs, combining a vintage look with modern interior trends.
New JV Plans $870M Hotel Complex in Dubai
Schon Properties and Al Hamad Group are developing iSuites, a mixed-use project featuring a 2,550-key hotel, to support the Dubai government’s goal of attracting 20 million visitors to the city by 2020.
Omni Acquires Full Ownership of Atlanta Hotel
Omni partnered with Turner Broadcasting back in 2000 to acquire the 1,059-key hotel’s south tower and build the north tower, which opened in 2003.
Largest Hotel in PNW to Debut in 2018
The downtown Seattle hotel development boom continues with the upcoming 1,260-key Hyatt Regency Seattle, which is targeted for LEED Gold certification.
Shamina Investments Nabs Oldest Hotel in Westwood LA
Thorofare Capital provided financing for the acquisition and renovation of the 53-key property built in 1939 by a local family.
Hyatt, IHG to Expand Middle Eastern Brands
Both companies have signed for and plan to develop several hotels throughout the Middle East and Gulf Cooperation Council.
Starwood Launches Uptown Suites Brand
The first location has opened in Concord, N.C., with more than 10 Uptown Suites properties slated to open by 2019.