Hotel
Construction Starts on Embassy Suites Hotel in Northern Florida
The 255-key resort will rise next to the Pier Park lifestyle center in Panama City Beach, Fla. The property is expected to welcome its first guests in 2021.
Banyan Investment Group Buys Alabama Hotel
An affiliate of the firm acquired the first hospitality property in Tuscaloosa, Ala., to overlook the Black Warrior River.
Is Cooling Ahead for the Hotel Market?
CBRE Hotels Research has adjusted forecasts for U.S. hotel guestroom demand and RevPAR due to an expected slowdown in the economy.
Atlanta Embassy Suites Hotel Scores $39M Loan
The 181-key asset will rise within Atlantic Station, the $2 billion mixed-use development in Midtown.
Hilton Opens Dual-Branded Hotel in Denver
The property is the second dual-branded hotel the company has opened this summer.
Tampa Assets Trade for $146M
UBS Realty Investors sold two properties for the highest price paid this year in Hillsborough County, which includes Tampa.
Downtown Albuquerque Hotel Changes Hands
AWH Partners purchased the 295-key DoubleTree by Hilton from Concord Hospitality.
CAI Investments Secures $87M for Arizona Hotel
The 18-story, 290-key Westin in downtown Tempe is slated to open in the second quarter of 2021.
MRECS Provides $199M Refi for Hudson Yards Hotel
The 399-key Courtyard by Marriott is on the verge of opening within Manhattan’s booming Far West Side neighborhood.
AC Hotel Opens in LA’s South Bay
General contractor R.D. Olson Construction recently completed the 180-key lodging property in El Segundo, Calif.