Hotel
Ashford Trust Refinances 8-Hotel Portfolio
Secured by assets across several states, the previous mortgage loan had an outstanding balance of roughly $377 million and was due to mature in 2020.
Capitalizing on the In-Stay Experience: Hospitality Report
According to EyeforTravel, hoteliers would do well to focus a great deal of their efforts on not only catering to but analyzing the captive guest.
WoodSpring Debuts Extended-Stay Hotel in WA
The recently opened WoodSpring Suites Seattle Redmond expands the brand’s presence in the Seattle area, providing 120 suites with in-room kitchens.
Chicago-Area Hotel Changes Hands for $5M
Huff, Niehaus & Associates Inc. brokered the $4.5 million sale of the Best Western Plus La Porte Hotel and Conference Center, located within one hour of Chicago.
Cambria Hotel Nashville Opens Doors
The 235-key upscale property, owned and managed by Fillmore Capital Partners, sits in the city’s SoBro district near the Bridgestone Arena.
Rodeway Inn Opens 600th Hotel
The newly opened property, in northeastern Arkansas, includes an on-site restaurant and is directly off Interstate 55 north of Memphis, Tenn.
Luxury Ski Resort in Utah Scores $60M Refi
The loan will also cover the facility’s expansion, which is expected to begin later this year or in early 2019.
DC-Area Marriott Hotel Changes Hands
The six-story, 316-key Fairfax Marriott at Fair Oaks is a less than 20-minute drive from the Washington Dulles International Airport.
Holiday Inn Opens 6th Hotel in Poland
The 256-key Holiday Inn Warsaw City Centre is located in one of the fastest-growing European tourist destinations. The hotel was designed to cater to both business and leisure travelers.
HY36 Reshapes NYC’s Skyline
Hudson Yards’ first hotel, Crowne Plaza HY36, opened its doors last November and immediately become top-ranked on TripAdvisor. Neill Parker, principal of hospitality architecture firm Stonehill Taylor, sheds light on the impact this shiny gem has on New York City’s crown.