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Breaking news about deals, development, data and more. Portman makes first acquisition. Prolific developer and architectural firm Portman Holdings has acquired its first hotel, the 456-key...
Among the noteworthy deals of the past week was Accelerated Assets’ acquisition of the Virgin Hotels Chicago for approximately $77.4 million. CHICAGO — An affiliate of Michigan-based...
Breaking news about deals, development, data and more. $1.7B refi in London. A joint venture of a pair of London-based companies, Deutsche Finance International and Yoo...
Industry veterans create alternative and flexible franchise models for urban, suburban markets. BLUFFTON, South Carolina – Franchisor Landingplace Hotels has launched two midscale, conversion-focused brands: Landingplace...
Sean Kreiman of asset manager CHMWarnick talks about improving margins, tailwinds for F&B and renovating as a way to reposition. BEVERLY, Massachusetts — With RevPAR gains...