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South Korea’s Lotte plans to list hotel operator   24 Aug, 2015

South Korean conglomerate Lotte Group is moving forward on plans to issue an initial public offering for Hotel Lotte, its hotel operator affiliate. Lotte will confirm short-listed candidates to manage the listing process on Aug. 31 from a pool of local and overseas brokerages that received...More>>

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CPA:18 - Global to fund new Hamburg hotel   24 Jun, 2015

CPA:18 – Global will provide approximately $29 million for the construction of the property, which will be leased to the German affiliate of Melia Hotels International, S. A. for a period of 25 years upon completion. More>>

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Axilla Capital structures $13 million financing for Hyatt Lisle   23 Jun, 2015

​Axilla Capital, LLC, has arranged a $13 million first mortgage and mezzanine loan to finance the acquisition of the Hyatt Lisle in Lisle, Ill. More>>

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John Hardy Group manages repositionings for Carey Watermark Investors   5 Jun, 2015

Carey Watermark Investors—a non-traded REIT focused on the lodging industry—has selected The John Hardy Group to program manage the repositioning of the majority of its properties as they are acquired into the CWI portfolio. More>>

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HFF secures refinancing for DoubleTree Minneapolis   2 Jun, 2015

HFF worked on behalf of the borrower, Wheelock Street Capital L.L.C, to secure the three-year, floating-rate loan with two optional one-year extensions through BBVA Compass Bank. Loan proceeds will be used to refinance a loan, which was assumed by the borrower upon its acquisition of the property...More>>

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Starwood makes leadership changes and announces Middle East plans   8 May, 2015

The company announced a global shake-up of its leadership, starting with the appointment of John Peyton to the new role of SVP, brands and shared services. It also plans to double its portfolio in the Middle East, opening 50 hotels by 2019.More>>

SMC Hotel Partners LLC recently sold the Radisson Hotel Cincinnati Riverfront Newswire
Brokers see strong hotel transactions market   25 Mar, 2015

Demand for select service expected to grow; international players seen to be becoming more of a force.More>>

IHIF delegates content with overall industry direction   26 Feb, 2015

Respondents to IHIF survey dish on global markets, the weakened euro and the value of global trade shows.More>>

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Hotel investment continues amid unsettled global scene   26 Feb, 2015

Doom and gloom scenarios don’t appear to slow up hotel development and transactionsMore>>

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Des Moines reviews plan for new convention center hotel   23 Feb, 2015

If built as planned, the project would rely on more than $60 million in public money: $39.4 million from a new state program, $14.2 million from the city, $6 million from the county and $1 million from a state environmental cleanup grant. The project would be funded by TIF grants from the city,...More>>

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