Loews Back Bay Hotel Sells For $117M, To Be Converted To Boston's First AKA Hotel
Electra America Hospitality Group buys downtown Boston hotel for $116.6M, its sixth transaction in the past 18 months.
Electra America Hospitality Group buys downtown Boston hotel for $116.6M, its sixth transaction in the past 18 months.
The delivery time for a new hotel slated to open at MIA is pushed back again as Miami-Dade Mayor Daniella Levine Cava looks for developers to propose new bids.
A Union Square hotel is part of a $350M refinancing loan for three hotel properties.
GWM has provided finance for a Hampton by Hilton while Deka has bought a Premier Inn in Dublin.
The Midtown outpost of the Four Seasons Hotel is closed due to a spat between the building owner and hotel operator that is threatening to drag on for years.
Boston's Club Quarters hotel is part of a four-property Blackstone portfolio with a $247M CMBS loan that has been in special servicing since 2020.
Nobu CEO said the company only needs to convert on average 10% of its diners into hotel guests to make money.
Dublin's hotel market is booming, but infrastructure constraints and a lack of rooms could hamper a sector ripe for investment.
The Artisan Hotel Boutique near the Strip in Sin City will be converted into Las Vegas’ first cannabis-friendly resort.
Developers are eyeing a 188-room, 14-story hotel atop of parking deck.
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