Category : Hotels

Tempo by Hilton Announces Plans to Debut Brand’s First Hotel in 2023 With Signing of New Build Property in the Heart of New York’s Times Square 
FeaturedHotels

Tempo by Hilton Announces Plans to Debut Brand’s First Hotel in 2023 With Signing of New Build Property in the Heart of New York’s Times Square 

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Today, Hilton (NYSE: HLT) announced the signing of Tempo by Hilton Times Square, expected to open in 2023 as the global premiere of Hilton’s newest brand. Owned by L&L Holding Company and Fortress Investment Group, and managed by Hilton, the 661-room lifestyle hotel is located at TSX Broadway, the city’s...
Scandic opens large new hotel in historic printing house in Helsinki
Hotels

Scandic opens large new hotel in historic printing house in Helsinki

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Today, Scandic Helsinki Hub opened its doors in the Finnish capital. Located in downtown Helsinki, the hotel is housed in an impressive 1920s printing house that has been transformed into a large 352-room hotel. Along with unique loft-style rooms, the hotel features inspiring event, meeting and coworking spaces along with...
Marcus & Millichap Brokers a 261-Room Hospitality Portfolio Sale in the Hudson Valley Region of New York
FeaturedHotels

Marcus & Millichap Brokers a 261-Room Hospitality Portfolio Sale in the Hudson Valley Region of New York

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 Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of a Marriott Courtyard and Hampton Inn portfolio totaling 261 rooms in Middletown, New York. The properties sold for a combined purchase price of $34 million. Andrew Kern...
Square Mile Capital Provides $56 Million Loan for Philadelphia Hotel
Hotels

Square Mile Capital Provides $56 Million Loan for Philadelphia Hotel

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Square Mile Capital Management LLC (“Square Mile Capital”) today announced that it has originated a $56.3 million loan secured by Sofitel Philadelphia, a 306-key hotel located in Philadelphia, PA. Square Mile Capital provided the acquisition financing to a joint venture between funds managed by Oaktree Capital Management, L.P. (“Oaktree”) and...
Aimbridge Hospitality Adds Trio of Extended Stay Hotels to Growing Three Wall Capital Portfolio
Deals & DealmakersHotels

Aimbridge Hospitality Adds Trio of Extended Stay Hotels to Growing Three Wall Capital Portfolio

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Aimbridge Hospitality, a leading global hospitality company, ​​announced the addition of three extended stay properties recently acquired by Three Wall Capital, LLC (“TWC”) to its expansive portfolio. Located along well-traveled routes near Minneapolis and St. Louis, the properties bring 277 keys under Aimbridge management, which is dedicated to providing unparalleled...
Fairmont Hotels & Resorts Announces Plans for First Luxury Residences in North Carolina
Hotels

Fairmont Hotels & Resorts Announces Plans for First Luxury Residences in North Carolina

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Fairmont Hotels & Resorts, part of world leading hospitality group Accor, in partnership with Gregg Covin, notable Miami real estate developer, today announced the signing of definitive agreements for the development and management of the first luxury private branded residential offering in the Blue Ridge Mountain region of North Carolina...
Aria Development Group Opens Miami’s First New Construction Short-Term Rental Condominium and Hotel
HotelsResidential

Aria Development Group Opens Miami’s First New Construction Short-Term Rental Condominium and Hotel

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New York and Miami-based Aria Development Group is pleased to announce the completion ofYOTELPAD Miami, a 31-story condominium and hotel in the heart of Downtown Miami. The stylishmixed-use project was the first new construction condominium in the area to offer buyers the option torent out their units for short-term stays...
Major new hotel featuring Miami-inspired rooftop terrace now opening in Gothenburg
Hotels

Major new hotel featuring Miami-inspired rooftop terrace now opening in Gothenburg

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The new hotel will be strategically located at the southern abutment of the new Hisingsbron bridge, just a couple hundred meters from Gothenburg Central Station. Thanks to its ideal placement, the vibe of the city and harbor area will flow through the glass-covered facade and spacious lobby, all the way...
Bloom Holding Appoints Rotana to Manage its Hotel Apartments on Saadiyat Island’s Park View
Hotels

Bloom Holding Appoints Rotana to Manage its Hotel Apartments on Saadiyat Island’s Park View

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Leading real estate development company, Bloom Holding, has signed an agreement with Rotana Hotel Management Corporation (Rotana), to manage Bloom Arjaan by Rotana located in Bloom’s prestigious Park View development on Abu Dhabi’s Saadiyat Island. Commanding a prominent location in the heart of the capital’s cultural district, and across from...