Marriott opens dual-branded hotel in Lexington
Marriott International on Jan. 8 opened a dual-branded Marriott Hotels and Residence Inn by Marriott property in downtown Lexington, Kentucky.
hospitality
First Hospitality appoints David Duncan to chief executive officer
First Hospitality has appointed David J. Duncan as president and chief executive officer. Duncan, a real estate and hospitality industry veteran, has served as First…
JLL arranges 57 million loan for extended-stay hotel in Chicago
JLL Capital Markets arranged a $57.58 million refinancing for Home2Suites by Hilton Chicago River North, a newly constructed, 206-suite, extended-stay hotel in Chicago's downtown River…
JLL arranges $57 million loan for extended-stay hotel in Chicago
JLL Capital Markets arranged a $57.58 million refinancing for Home2Suites by Hilton Chicago River North, a newly constructed, 206-suite, extended-stay hotel in Chicago's downtown River…
MCR buys Green Bay hotel
MCR, the fifth-largest hotel owner-operator in the United States, has acquired the 127-room SpringHill Suites by Marriott Green Bay in Green Bay, Wisconsin.
New Fairfield Inn & Suites opens near Kansas City
The new Fairfield Inn & Suites Kansas City Belton by Marriott will opened Jan. 3 in Belton, Missouri. Located just north of Highway 58 between…
Doing good, while doing well: Cicero’s establishes heritage of charity over 50-year history
In early 2012, the hotel renovation industry began its recovery, led by a boom in travel and rising occupancy rates at hotels across the nation.…
Vista closes $22 million in financing for pair of Indiana hotels
Vista Capital Company recently arranged $22.5 million of financing for the Candlewood Suites in Terre Haute, Indiana, and the Holiday Inn Express in downtown Indianapolis.…
DMAC Architecture to design Graduate Evanston Hotel
Adventurous Journeys Capital Partners acquired The Homestead at 625 Hinman Avenue in Evanston, Illinois. The eight-story, 91-key hotel will run independently as The Homestead prior…
CBRE sells three-property Marriott portfolio in Indianapolis
CBRE has arranged the sale of a 497-room, three-property Marriott portfolio in Indianapolis. The three hotels were acquired by USOCG and consist of a 315-room…