Keyword: Delta Hotels and Resorts
The hotels, all owned by U.S. OCG, total 499 rooms and together offer more than 93,000 square feet of meeting space.
Delta Hotels by Marriott Jumeirah Beach, Dubai, has direct beach access and is close to both the Dubai Marina and the Walk shopping center.
The new-build hotel, which is managed by Altera Development, worked with Assa Abloy Global Solutions for the installation.
The four-hotel portfolio will undergo full renovations to comply with property improvement plans approved by the hotels' individual brands.
Auro, a hotel developer, owner and manager, adopts ProfitSage at 30 properties across the U.S. to maximize data-management and forecasting abilities.
CHC secured financing of $12.5 million at 75 percent of the sponsor's total cost, including purchase price plus a product improvement plan.
Marriott missed its anticipated revenue numbers last quarter amid a push to remove under-performing hotels from its system.
The 150-room hotel, the Delta Hotels by Marriott Helena Colonial, is the first Montana property for the brand.
Lingerfelt CommonWealth Partners purchased the hotel, which will be managed by Commonwealth Lodging Management.
Marriott will help develop Hong Kong's first St. Regis hotel by early 2019 in partnership with China Resources Property.