Companies are getting in end-of-year acquisitions as Braemar has entered into an agreement to acquire Dorado Beach, a Ritz-Carlton Reserve…
Browsing: Finance
Prince Resorts Hawaii has appointed a new president, while Mohegan Gaming & Entertainment has added a new chief accounting officer.…
Host Hotels & Resorts has acquired a boutique hotel in Savannah, GA, while Black Bear Capital has arranged financing for…
A flurry of sales and financing deals are happening before the holidays, including the sale of the W Hollywood and…
Watermark Lodging Trust Inc., a non-traded real estate investment trust (REIT), has made a series of changes among its senior…
JLL has named Senior Managing Director Kevin M. Davis the new Americas CEO of its Hotels & Hospitality division. Davis,…
Access Point Financial LLC (APF), a leading direct lender and specialty finance company focused exclusively on the hospitality industry, has…
Banyan Investment Group, a vertically integrated hotel investment company that acquires select-service hotels in the U.S., has revealed the $20-million…
Transactions and financing continue as the hospitality industry recovers from the COVID-19 pandemic, with deals including two acquisitions for Peachtree…
Franchise Equity Partners (FEP), an independent private investment firm, has launched as a portfolio company of investment funds managed by…
Madison Realty Capital, a vertically integrated real estate private equity firm focused on debt and equity investment strategies, and Newbond…
Hyatt Hotels Corporation reported net income of $120 million for the third quarter ended Sept. 30, compared to a net…
Choice Hotels International Inc., for the third quarter ended Sept. 30, reported net income of $116.7 million, a 53% increase…
Marriott International Inc., in the third quarter ended Sept. 30, reported net income of $220 million, compared with net income…
Hotels in resort destinations are changing hands—including an entire Northeast portfolio—plus other deals and financing. EOS Investors LLC acquires Red…
Financing and transactions are happening across the country, including two loans for the construction of a new Aloft hotel. Arriba…
Pebblebrook Hotel Trust for the third quarter ended Sept. 30 reported same-property RevPAR of $142.48, ADR of $272.54 and occupancy…
Accor, for the third quarter ended Sept. 30, reported that RevPAR improved by 20 percentage points over last quarter thanks…
Wyndham Hotels & Resorts reported net income of $103 million for the three months ended Sept. 30, with Q3 RevPAR…
Commercial real estate finance firm Eastern Union has launched a hospitality group and has named Charles Hoffman to serve as…
Hilton, for the third quarter ended Sept. 30, reported net income of $240 million. The company’s results were aided by…
Hospitality companies across the country are filling executive positions, including new VPs at Auberge Resorts Collection and Hotel Equities. Altman…
Waramaug Hospitality, a privately held investment firm focused on premium-branded select-service and full-service hotels, has revealed an agreement for an…
A $450-million refinance and an $89-million sale are among the transactions that took place on opposite ends of the country.…
JLL recently closed the sale of Rockbridge-owned Homewood Suites properties in Washington and Oregon, while Legendary Capital sponsored the acquisition…