Category : Hotels

The RADCO Companies (RADCO), one of the nation’s leading opportunistic real estate developers, has acquired the 143-room Aloft Phoenix-Airport hotel in Phoenix, AZ. Bill Murney with Cushman & Wakefield’s Hospitality team in Phoenix brokered the sale on behalf of the seller. Additional terms of the deal were not disclosed. Aloft Phoenix-Airport...

Global Holdings, the international real estate development and investment firm led by Chairman and Founder Eyal Ofer, today announced the acquisition of the Mondrian Park Avenue, a 190-key boutique hotel in Manhattan’s NoMad neighborhood. “Mondrian Park Avenue is an extraordinary asset, perfectly located in the heart of Manhattan at a...

Scandic Go is the company’s new hotel brand in the fast-growing economy segment. The first Scandic Go hotel will open on Upplandsgatan in Stockholm in September, and Scandic has now signed a lease agreement for another Scandic Go, this time a centrally located hotel with 221 rooms at Fridhemsplan on...

Marcus & Millichap Capital Corporation (MMCC), a leading provider of commercial real estate capital markets financing solutions, arranged $24 million for the refinancing of Marriott Springfield Downtown, a 266-room Marriott hotel located at 2 Boland Way in Springfield, Massachusetts. Robert Damigella, vice president, capital markets with MMCC in Boston secured...

The Ritz-Carlton New York, NoMad, is proud to announce the opening of a limited collection of 16 perfect pied-à-terre penthouse residences, where guests can enjoy breathtaking views and unparalleled experiences. The limited edition one- and two-bedroom residences encompass the top four floors of the 500-foot tower, designed by the late,...

GAMCO Corporation’s expansive product line of glass, window, door, and metal products is on full display at a new Long Island City (Queens), NY high-rise hotel nearing completion.For the 20-story hotel located at 52-09 31st Place, Long Island City, adjacent to the Long Island Expressway (LIE), GAMCO supplied a total...

BELT Riviera S.A., a company established by TEMES S.A. and HELLINIKON S.Μ.S.A., has signed an agreement with Mandarin Oriental Hotel Group for the management of Mandarin Oriental, Athens, a new hotel and luxury branded residences to be developed on the coastal front of The Ellinikon and targeted to open in summer 2027. According to...

AKA, a global leader in luxury hospitality and the creator of the World’s Most Livable Hotels®, expands further in New York City’s Midtown with the opening of Hotel AKA NoMad. Located on a prime corner of Madison Avenue, in the trendy NoMad neighborhood, the luxury, design-centric hotel is perfectly woven into...

On the heels of Quadrum Global’s purchase of The Williamsburg Hotel, the real estate development firm has announced that the boutique property will operate under the independent, experience-driven Arlo Hotels portfolio starting in September 2023. Arlo Williamsburg will be Arlo Hotels’ fourth property in New York City, joining Manhattan locations...

JLL Hotels & Hospitality announced today that the sale of a 75% interest in the Mandarin Oriental, New York, to affiliates of Reliance Industries Ltd. has been completed. JLL represented the sellers in the sale of their ownership stake. The 244-room Mandarin Oriental, New York, opened in 2003, and is positioned as...