Hotel
Finance Column: Checking in on Hotel Construction Financing
By Barbara Morrison, Founder & President, TMC Financing: With the U.S. hospitality industry on the road to recovery, how will hotel construction financing fare in 2016?
New Owner to Renovate Peachtree St. Office
A Midtown Atlanta office building will soon be developed into a 175-key, eight-story luxury hotel.
German Investor Makes First Foray into Boston
Oxford Capital Group, in a joint venture with an affiliate of Walton Street Capital, have agreed to a sale lease/management back of The Godfrey Hotel Boston.
CBRE Global Investors Makes SF Bay Area Buy
CBRE Strategic Partners has acquired the Sofitel San Francisco Bay Hotel from Prudential Real Estate Investors and Lodging Capital.
European Group Acquires Three Hotel Brands for $2.9B
AccorHotels has acquired the Fairmont, Raffles and Swissôtel brands in a cash-and-share deal.
Century Plaza Hotel Development Gets Start Date
The $2.5 billion project is set to begin in March when the historic hotel closes.
ThePad on Harvard Soon to Add Retail, Hotel
A $35 million transit-oriented development is expanding with a hotel and retail space near the College Park, Ga. MARTA Station and Hotel Indigo.
New Cambria Hotel in Store for Chicago’s Loop
Choice Hotels is bringing its Cambria hotels & suites brand to downtown Chicago with a 198-key hotel expected to open in late 2017.
New Hyatt Place Celebrates Opening in Metro Cleveland
A 110-key Hyatt Place hotel officially opened in upscale Westlake, Ohio, marking the brand’s second hotel to enter the Cleveland metropolitan area.
Hyatt Place Washington D.C./National Mall Welcomes First Guests
A new 214-key Hyatt Place hotel opened four blocks from the National Mall in Washington, D.C.