Marriott
Denver-Area Hotel/Convention Center Lands $800M Refi
The loan package covers a potential expansion of the $795 million Gaylord Rockies Resort & Convention Center in Aurora, Colo., which opened in December 2018.
MCR Enters Albuquerque With Residence Inn Buy
The company took out a $10.1 million loan from BMO Harris Bank to finance the acquisition of the 110-key property.
Marriott to Open New SpringHill Suites Hotel
Marriott International is set to open a 103-key SpringHill Suites by Marriott hotel at the formerly known Indianapolis Airport Suites property.
JV Breaks Ground on Dual-Branded Marriott Hotel
Located in an opportunity zone, the 259-key hotel will include 295,000 square feet of space and 4,200 square feet of meeting space. The property is scheduled to open in 2021.
Courtyard by Marriott in Virginia Sells for $20M
Excel Group’s purchase of the 191-key Courtyard by Marriott Springfield marks the seventh major transaction for the company in the last year.
SoCal Hotel Lands $44M Construction Loan
Acres Capital Corp. will use the financing to complete and stabilize a 233-key property in Arcadia, Calif. Le Meridien by Marriott International is set to be a four-star property.
Shaner Hotels JV Breaks Ground on 108-Key PA Project
The company has partnered with Paul Risk Construction to develop a five-story Fairfield by Marriott in Mechanicsburg, its 15th property in Pennsylvania.
Ocean City Hotel Welcomes First Guests
Aloft Hotels has opened its first-ever property in the popular Maryland resort town, partnering with Blue Water Development and Real Hospitality to bring the 120-key project near the famous boardwalk.
Iconic FL Resort Completes $320M Renovation
The beachfront JW Marriott Marco Island Beach Resort now features a new spa, several dining facilities and 100,000 square feet of meeting and event space.
Baywood Hotels Opens New Orleans Property
The 124-key hotel will operate under the Marriott franchise and is situated within a nine-mile range of the city’s attractions.