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Lightstone Closes $91 Million Refinancing From Bank Of The Ozarks For Moxy East Village Hotel
NEW YORK, NY–-National real estate investor and developer Lightstone today announced the close of $91 million in financing with Bank of ...
IHG Expands Luxury Footprint; Acquires 51 Percent Stake In Regent Hotels & Resorts
InterContinental Hotels Group ("IHG") [LON:IHG, NYSE:IHG (ADRs)] today announces that it has agreed to acquire a 51% stake in Regent Hotels ...
A Look At New Tax Laws
2017 Tax Act Offers Mostly Perks, One Peril for Hotel Industry
Chatham Lodging Trust Refinances Unsecured Credit Facility
WEST PALM BEACH, FL—-Chatham Lodging Trust (NYSE: CLDT), a hotel real estate investment trust (REIT) focused on investing in upscale extended-stay ...
Park Hotels & Resorts Inc. Announces Full Exercise Of Option To Purchase Additional Shares in Secondary Offering
MCLEAN, VA--Park Hotels & Resorts Inc. (NYSE:PK) (“Park” or the “Company”) announced today that the underwriters exercised in full their option ...
RLH Corporation Closes Sale Of Three Additional Hotels For $29.9 Million
DENVER—RLH Corporation (NYSE:RLH) announced today the sale of Red Lion Hotels in Boise, Idaho; and Pasco and Richland, Washington for $29.9 ...
Charlestowne Doubles RevPAR For Seventh Consecutive Year
Charleston, SC—Charlestowne Hotels, a full-service hospitality management company known for their bespoke management style, achieved a year of record-breaking success in ...
HFF Announces $38.7M Financing For Chicago Marriott Schaumburg
CHICAGO––Holliday Fenoglio Fowler, L.P. (HFF) announces $38.7 million in financing for the acquisition and renovation of Chicago Marriott Schaumburg, a 398-room, ...
AccorHotels Initiates Sale Of Majority Stake in AccorInvest
AccorHotels announces that it has signed agreements with a group of international investors with a view to sell a majority of ...
Extended Stay America And Three Wall Capital Announce Completed 25 Hotel Sale And Management Contract
CHARLOTTE, NC–—Extended Stay America, Inc. and ESH Hospitality, Inc. (NYSE:STAY) (together, the “Company”) and Three Wall Capital, LLC today announced the ...
Hyatt Announces $1.0 Billion Sale of Three-Property Portfolio
CHICAGO--Hyatt Hotels Corporation (NYSE: H) today announced that Hyatt has reached a definitive agreement with Host Hotels & Resorts (NYSE: HST) ...
The Marcus Corporation Announces 20% Dividend Increase
MILWAUKEE--Directors of The Marcus Corporation (NYSE:MCS) today approved a 20.0% increase in the company’s quarterly cash dividend to $0.15 per share ...