Financing
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Dubai's Atlantis signs increased $1.1bln loan deal    17 Oct, 2014

Dubai's Atlantis resort has refinanced an $880-million loan to take advantage of favorable market conditions and secure a better interest rate, the company told Reuters and as reported by Arabia Business. The loan was also increased in size to $1.1 billion.More>>

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DiamondRock reduces borrowing costs at NYC's Lexington Hotel    13 Oct, 2014

DiamondRock Hospitality Company has amended its existing approximately $170.4-million mortgage loan secured by The Lexington New York City to reduce its costs of borrowing and extend the term of the loan. More>>

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International hotel brands look to expand in Ethiopia   8 Oct, 2014

Brands like Accor, Wyndham and others are turning to Ethiopia as the new African hotspot for development.More>>

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PMZ closes loan on eight-hotel Northeast portfolio    2 Oct, 2014

PMZ Realty Capital announced it has closed a $94.65-million high-leverage loan, representing 85 percent of the total costs necessary to acquire and renovate a portfolio of eight hotels in New Jersey and Pennsylvania representing 934 keys. The total interest rate for the transaction was...More>>

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How to properly negotiate replacement reserve clauses   17 Sep, 2014

Here are a few tips on how to properly negotiate your replacement reserve clause.More>>

The Roxburghe Newswire
Buyers upbeat about European markets   15 Sep, 2014

A confluence of investor confidence, improved operating fundamentals and easier access to debt has made for a percolating hotel transactions market in Europe.More>>

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Paramount Lodging Advisors recognized as fast-growing company   11 Sep, 2014

Paramount Lodging Advisors has been recognized as one of the fastest-growing private U.S. companies, according to the annual Inc. 500/5000 list. PLA ranked No. 188 out of 5000 companies. In order to rank in the top 500, companies had to achieve a minimum of 918.59 percent in sales growth over the...More>>

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PMZ Realty Capital secures $11.5M loan for NOLA hotels   4 Sep, 2014

PMZ Realty Capital has secured a first mortgage refinance loan of $11.5 million for four boutique hotel properties in New Orleans. They include the Inn on St. Peter, the Inn on St. Ann, the Inn on Ursuline and the Lamothe House and are part of the National Historic Registry.More>>

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Hard Rock Las Vegas in danger of missing debt payment   21 Aug, 2014

The owner and operator of the Hard Rock Hotel & Casino Las Vegas is facing an August 25 deadline to pay interest owed on its debt under a forbearance agreement with its lender, reports The Deal Pipeline. However, BREF HR LLC told the SEC that it doesn't have the necessary funds to make the payment.More>>

Howard Feiertag Newswire
Looking above and beyond amid a seller’s market   21 Aug, 2014

The industry is set up nicely for the rest of the year and, likely, 2015; however, be wary as 2016 approaches More>>




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