Investment
Newswire
Finally: Financing gives multiple benefits to the borrower   14 Mar, 2014

Hotel lending is heading in a positive direction, with a slew of financing options now easily available.More>>

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Two transactions focus on high-end hotels in Puerto Rico   13 Mar, 2014

Paulson & Co. spent $260 million to acquire a majority interest in two hotels in Puerto Rico The Encanto Group also announced that it purchased two hotels for an undisclosed amount and plans to spend $200 million to renovate the properties.More>>

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Limited-service still core of franchising effort   13 Mar, 2014

Marriott’s President talks about the company’s current franchise efforts, relationships with franchisees, and today’s financing environment.More>>

Newswire
NEWS BRIEFS   13 Mar, 2014

Here are some of the latest news updates from the hotel development and acquisition sector.More>>

Residence Inn by Marriott in Miami Beach/Surfside Newswire
Hotel Equities secures extended-stay project in hot Miami Beach market   13 Mar, 2014

Once opened, the Residence Inn by Marriott in Miami Beach/Surfside, Fla., will look to cash in on the burgeoning international traveler, and take advantage of strong demand.More>>

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RLJ Lodging closes on $313M Hyatt portfolio   13 Mar, 2014

RLJ Lodging Trust and Hyatt Hotels Corporation have announced that their affiliates have closed on the previously announced purchase and sale of 10 Hyatt, Hyatt Place and Hyatt House hotels, totaling 1,560 rooms. Hyatt affiliates will manage the hotels under new management agreements.More>>

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Hotel developer secures stake in three London properties   12 Mar, 2014

Hotel developer Paddy McKillen has repaid his loans to IBRC and agreed a deal with Colony Capital that will secure his stake in three luxury London properties.More>>

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Hotel investors turn to Europe as economy improves   12 Mar, 2014

Investors are looking for better returns in a low-interest-rate environment, and economies are emerging from "bruising recessions," sparking optimism for the year.More>>

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Syracuse developer refuses to build hotel without tax breaks   12 Mar, 2014

Destiny executive David Aitken told members of the Onondaga County Industrial Development Agency Tuesday that the $75-million project would not be commercially viable without the 20-year property tax exemption the company is seeking. Aitken said that financing would be impossible to obtain without...More>>

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Downtown Des Moines hotel stalled, seeks tax incentives   12 Mar, 2014

On Monday, City Council members signed off on submitting an application to the Iowa Economic Development Authority to create a downtown reinvestment district. The district would span Fifth Avenue from Center Street to Cherry Street and would connect the Court Avenue District and the Convention...More>>




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