$500M loan buoys hotel project in Beverly Hills, Calif.
Goldman Sachs Group Inc. and Aareal Capital Corp. are supplying $500 million in refinancing to the construction of a hotel… Read More »
Legendary Capital uses UPREIT for Texas hotel purchase
Legendary Capital has sponsored the acquisition of a Hilton Garden Inn location in Houston through an umbrella partnership REIT transaction…. Read More »
The world’s best hotel swimming pools
Marina Bay Sands Is the iconic infinity pool at the Marina Bay Sands hotel in Singapore the world’s best swimming… Read More »
Calif. hotel will start anew as bankruptcy case closes
The 805-room Fairmont Hotel in San Jose, Calif., will reopen as the Signia Hilton San Jose following a bankruptcy court’s… Read More »
Soft brands will enlarge IHG’s luxury, lifestyle space
IHG Hotels & Resorts has announced plans to enter a new soft brand in the luxury and lifestyle sector in… Read More »
20 Apple REIT hotels sell for $211M to joint venture
Apple Hospitality REIT has sold 20 select-service hotels for $211 million to a joint venture of Flynn Properties and Varde… Read More »
Latin America pipeline shrinks to near-decade low
Hotel construction projects in Latin America have dropped to their lowest level since early 2012, lagging behind 2020’s first half… Read More »
Saudi Arabia Set To Reopen to International Travelers
Saudi Arabia just announced that it will resume international tourism on August 1, and visitors from 49 countries are eligible for… Read More »