Hotel
Marriott to Open New Dual-Branded Hotel in Austin
Developed by White Lodging, the two hotels will bring 347 guestrooms to the city: 191 rooms at The Otis Hotel and 156 rooms at AC Hotel Austin.
Host Hotels & Resorts Announces Two Major NYC Sales
The company sold the New York Marriott Marquis retail, theater and signage in a $442 million deal, as well as the W New York – Union Square, in a separate transaction.
Choice Hotels Launches New Midscale Brand
Focused on conversions, the new Clarion Pointe extension is intended to meet the need for premium yet affordable select-service hotels.
Manhattan Holiday Inn Lands $137M Loan
Mission Capital Advisors worked on behalf of Golden Seahorse to arrange the refinancing of the 492-key property, which also marks the brand’s tallest hotel in the world.
Nearly $1.5B in CMBS Possibly at Risk from Hurricane Florence
Morningstar Credit Ratings has identified more than 180 securitized commercial mortgages on properties in North Carolina counties that have been declared disaster areas because of the storm.
The Architecture of the Exotic: Designing Luxury Resorts
Nunzio Marc DeSantis Architects specializes exclusively in hospitality design. In a conversation with CPE, he delves into the current meaning of luxury and whether the architecture of holiday resorts grows organically from a sense of place.
Azul to Manage 1,600-Key Pinnacle Hotel Portfolio
Under a long-term contract, the hospitality services provider will oversee eight properties in Southern California and Texas, relieving the owner from the task.
MCR Opens New Courtyard by Marriott in Northern Virginia
CEO Tyler Morse admits the company chose to build the 187-key hotel in Herndon, close to Dulles International Airport, in case Amazon chooses the area for its coveted HQ2.
Holiday Inn to Open 2nd Saigon Hotel
The 300-key property will offer quick access to Tan Son Nhat Airport and is also set to include retail and lifestyle venues.
Homewood Suites Opens at Southdale Center
Simon—the owner and operator of the regional mall and mixed-use complex in Edina, Minn.—developed the 146-key all-suite hotel in a joint venture with Noble Investment Group.