Proceeds from the loan will be used to take out the existing construction loan and provide working capital for the continued stabilization of the hotel.
The Aspen Skiing Company's third Limelight Hotel is standing out in a crowded leisure market by adopting a family-first ethos.
Brokers remain upbeat about the direction of the hotel transaction business despite rumblings about the current cycle's end.
The deadline is fast approaching, and with no deal for Britain's departure from the EU in place, the travel and hospitality industries remain cautious.
Abu Dhabi National Hotels and First Abu Dhabi Bank signed an AED 1.6 billion loan agreement to provide ADNH with the funds to acquire several Dubai hotels.
The debut Bike and Boot hotel will be an updated property in North Yorkshire, England.
Julie Shiflett returns to RLH after having worked as the company's CFO from 2010 to December 2014.
Netherlands-based citizenM hotels is developing a 348-key hotel within Miami Worldcenter, one of the largest private mixed-use developments underway in the…
The position has gradually shifted to exclude directors of finance from many finance and accounting activities, creating a vacuum for future employees to fill.
Despite nearly 10 years of positive industry metrics and growth, there are still those wondering—as they have for some nine years—if a downturn is on the…