HALL Group has selected Coury Hospitality to take over the management of the HALL Arts Hotel, a luxury lifestyle hotel in the Dallas Arts District, effective Oct. 22. Developed by Craig and Kathryn Hall, the coproprietors of California’s HALL, WALT and BACA Wines, the property offers 183 guestrooms including 19 Arts District-inspired suites, a rooftop pool, a contemporary art collection, a fitness … [Read more...]

BridgeInvest has closed on a $24.5 million loan to support the acquisition and renovation of two Marriott properties in Ocala, FL. The properties include a 169-key Courtyard by Marriott and an 87-key Residence Inn by Marriott. The sponsor, Harborview Capital Group, acquired the portfolio from American Hotel Income Properties for $26.5 million and plans to renovate both properties. Renovations will … [Read more...]

Securing financing for hotel developments has become an increasingly complex challenge, especially in today’s economic environment. As interest rates remain high and lenders become more conservative, developers often face significant hurdles in obtaining the necessary capital to bring their projects to life. A recent $73 million origination for a 263-room dual-branded Hilton hotel … [Read more...]

Bricton Group has assumed management of the Renaissance Chicago North Shore Hotel in Northbrook, IL. The property recently underwent a comprehensive renovation, enhancing its 391 guestrooms and suites and more than 20,000 sq. ft. of event space. Hotel amenities include a fitness center and two dining options, Pancetta Regional Kitchen + Bar and Ruth’s Chris Steak House. The property is close to … [Read more...]

This year’s AAHOA Fall National Advocacy Conference (FNAC) underscored hoteliers’ critical role in shaping policies impacting their businesses and the broader hospitality sector. With 468 seats in the U.S. Congress (33 Senate seats and all 435 House seats) and the U.S. presidency up for grabs this November, the stakes have never been higher for the hotel industry, according to the … [Read more...]

Hotel management company Maeson Hospitality has launched. Led by President/CEO Bradlee M Howell, the company is backed by an executive leadership team with more than 25 years of combined experience in the hospitality industry. According to the company, Maeson specializes in three core services: Operations management: Crafting tailored strategies for streamlined day-to-day hotel operations, … [Read more...]

SSN Hotels has acquired its 31st hotel, the Residence Inn Atlantic City Airport/Egg Harbor Township. The property, located in Egg Harbor Township, NJ, will undergo a comprehensive renovation, which is slated to begin at the end of the year. The renovation will focus on enhancing guest amenities, modernizing interiors and ensuring the hotel reflects the standards of the Residence Inn by Marriott … [Read more...]

Hotel and real estate industry veterans Adam Montufar, Bennett Webster, Brent Clemens and Joe Cuomo have launched Alchemy Real Estate Advisors, a hospitality brokerage firm focusing on institutional clientele. The team brings 70 years of collective experience and more than $7 billion in aggregate transaction volume across more than 500 hotel property and non-performing loan transactions. The … [Read more...]

CooperWynn Capital, hospitality-specific debt and equity capital markets specialists, have revealed the successful loan modification for the Doubletree Suites Fort Shelby on behalf of the ownership group. The hotel is located in downtown Detroit and features 203 suites, more than 18,000 sq. ft. of meeting space, three food and beverage outlets and a fitness center. The modification allows … [Read more...]

District Hospitality Partners, a privately held hospitality investment group that owns properties nationwide, has acquired the Hilton Washington DC/Rockville Hotel and Executive Meeting Center. The 315-room property backs up to the Twinbrook Metro station, offering guests access to downtown Washington DC, Capital One Arena, Union Station DC and the DC airports. The hotel also sits at the … [Read more...]

Hospitality America has been selected by Windsor Aughtry Company to manage the Hotel Avail, Tapestry Collection by Hilton in Rogers, AR. Scheduled to open in the second quarter of 2025, the 170-room hotel will feature a rooftop restaurant (Oak Steakhouse concept by Indigo Road Hospitality), café and lobby bar, meeting space and fitness center. This deal marks the 16th Windsor Aughtry development … [Read more...]

HEI Hotels & Resorts has added the Beacon Hotel & Corporate Quarters in Washington, DC, to its growing portfolio of luxury, upper-upscale and upscale independent and branded hotels and resorts throughout the U.S. The hotel is located close to the White House, Embassy Row and the National Mall, as well as 38 million sq. ft. of commercial office real estate. The Beacon Hotel features 199 … [Read more...]

Any hotelier will tell you that the hotel economy has been faced with constricting profitability potential for years. Hotel rates are as high as hoteliers feel they can charge, and they have to find different ways to lower costs. Hoteliers have turned to various technologies to streamline their operations, which is helping them make more money and free up time to create a better on-site … [Read more...]

In the latest Hotel Business Hot Topics session, “Smart Technology: Solutions for Higher Profitability and GS Scores,” in partnership with Procell InSite, Glenn Haussman, founder/host, No Vacancy Live podcast, joins a panel of industry leaders to discuss how the right technology can improve hospitality operations, help the bottom line and improve guest satisfaction scores. The post Watch Now! … [Read more...]

Hospitality management, development and investment organization Raines has partnered with the City of York in South Carolina to accelerate the economic expansion of York’s downtown. The agreed-upon economic development project will introduce a lodging market to the area. “The City of York is excited about this substantial investment downtown, which aligns with the community’s continued … [Read more...]

Peachtree Group has launched its fifth hotel structured as a Delaware Statutory Trust (DST) following the completed acquisition of the 128-key Residence Inn Tampa Wesley Chapel in the greater Tampa area. This follows the company’s successful closing of its Home2 Suites by Hilton Atlanta Sugarloaf DST in August. Peachtree’s DST acquisitions present an opportunity for 1031 exchange investors … [Read more...]

In the digital age, where online reviews can make or break a hotel’s reputation, guest experience has never been more critical. According to Zuberance, a single unfavorable review can result in a staggering loss of 30 bookings, translating to a financial impact of $22,800. This stark reality underscores the importance of meticulously addressing every facet of the guest journey, especially … [Read more...]

Oravel Stays, the parent company of the global travel technology company OYO, has agreed to acquire G6 Hospitality, parent company of the Motel 6 and Studio 6 brands, from Blackstone Real Estate for $525 million, in an all-cash transaction. “This acquisition is a significant milestone for a startup company like us to strengthen our international presence. Motel 6’s strong brand … [Read more...]

Bob Gilbert, the longtime president/CEO of the Hospitality Sales and Marketing Association International (HSMAI) Americas, HSMAI Foundation and HSMAI Global, has died. In July 2024, the organization announced that Gilbert had accelerated his retirement plan due to a serious health issue following 30 years of executive leadership for HSMAI. In his final HSMAI Perspective, Gilbert shared, “I am … [Read more...]

Hotel Indigo Baltimore Downtown has been inducted into Historic Hotels of America, the official program of the National Trust for Historic Preservation. Managed by Remington Hospitality, the hotel joins more than 300 properties nationwide honored by Historic Hotels of America for their “exceptional commitment to preserving historic integrity, architecture and ambiance.” “Historic … [Read more...]