Vector Hospitality to develop AC Hotel, Tempo in Knoxville, TN
VECTOR HOSPITALITY HAS announced plans to develop two hotels in Knoxville, Tennessee, an AC Hotel by Marriott and a Tempo by Hilton. These hotels...
NewcrestImage, Coury Hospitality forge partnership for lifestyle hotel development
NEWCRESTIMAGE RECENTLY PARTNERED with Coury Hospitality aiming to advance their efforts in the development of lifestyle hotels. As part of the collaboration, NewcrestImage acquired...
Verakin Capital crosses $350 million investment milestone in first quarter
VERAKIN CAPITAL, A real estate investment group, exceeded its $350 million investment milestone in the first quarter of this year. The company has made...
Hilton launches new apartment-style extended-stay brand, ‘Project H3’
HILTON HAS LAUNCHED a new extended-stay brand, Project H3, designed to meet the needs of the rapidly expanding $300 billion workforce travel market, looking...
Vision Hospitality breaks ground on Embassy Suites in Chattanooga, TN
VISION HOSPITALITY GROUP recently broke ground on its Embassy Suites by Hilton in Chattanooga, Tennessee. The seven-story 184-suite Embassy Suites will be developed for...
Choice Hotels raises ‘green commitment’ in 2022 ESG report
A NEW ENVIRONMENTAL, social and governance report released by Choice Hotels International highlights steps that would allow the company to reduce utility costs, save time...
NewcrestImage JV snaps up 16-hotel portfolio for $137 million
A JOINT VENTURE between NewcrestImage and Hospitality Capital Partners recently acquired 16 hotels for $137.3 million from Service Properties Trust, a Massachusetts-based REIT. The deal includes a...
Wyndham, Groups360 to offer instant multi-room booking solution
WYNDHAM HOTELS & RESORTS has entered into a new agreement with Groups360 to bring instant online multi-room bookings to Wyndham hotels in 2023.
Using Groups360’s GroupSync...
NewcrestImage JV acquires 11 hotels in seven states
NEWCRESTIMAGE AND HOSPITALITY Capital Partners have acquired 11 hotels in seven states with a total of 1,551 rooms in a joint venture. Al Calhoun...
Maya Hotels acquires two Hampton Inns in North and South Carolina
CHARLOTTE-BASED MAYA HOTELS has acquired two Hampton Inn hotels in North Carolina and South Carolina. The two Hampton Inns boast a total of 210...