Hotel - Northeast
Cities
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sbe Debuts 2 Mondrian Hotels
The 270-key Mondrian Doha in Qatar and the 189-key Mondrian Park Avenue in New York City are the fourth and fifth Mondrian hotels globally, after properties in London, Los Angeles and Miami South Beach.
10 October 2017 14:44 -
Walker & Dunlop Secures $15M Loan for Pittsburgh Hotel
The company worked on behalf of the borrower, Reception Hotels and Resorts LLC, to provide the three-year, non-recourse construction loan. Reception Hotels and Resorts purchased the fifth and the sixth floors for the hotel.
02 October 2017 17:11 -
Hilton Garden Inn Sells for $44M in Portsmouth, NH
Chatham Lodging Trust is the new owner of the 131-key hotel, which opened in 2006. The company purchased the property from Cathartes Private Investments.
25 September 2017 17:01 -
Fitch: More U.S. Lodging Consolidation Is Expected
The growing power of industry leaders will drive more lodging consolidation, with Hyatt and La Quinta as desirable targets, per the rating agency’s most recent report on hospitality. Such growth strategies are also a way to balance the competitive environment disrupted by alternative accommodation operators.
19 September 2017 16:40 -
Upcoming Queens Hotel Receives $44M Financing
The construction of the dual-branded Marriott Hotel broke ground in 2015, and will bring a total of 338 guestrooms to the borough’s Jamaica neighborhood.
12 September 2017 15:29 -
JV Scores Marriott Franchise Agreement for Hotel Development
Bellefield Development and The Shaner Hotel Group will build a soft-branded Residence Inn in Hyde Park, N.Y. The 133-key project will be the first of two hotels set to be constructed on a 339-acre site.
18 August 2017 15:47 -
Pod Hotels Coming to Times Square
The brand is bringing a more micro unit-focused aesthetic, adding a 'plug and play' package of amenities to their extended-stay product.
16 August 2017 12:51 -
JLL Lends a Hand in Iconic NYC Hotel Sale
Highgate and the Rockpoint Group are the new owners of the 168-key Royalton in the heart of Midtown Manhattan.
08 August 2017 12:30 -
Hilton Expands NYC Footprint
The iconic ONE UN New York has relaunched as Millennium Hilton New York One UN Plaza, following a multimillion-dollar renovation. The hotel will be the seventh New York City property managed by Hilton Hotels & Resorts.
07 August 2017 13:36 -
Cachet to Open First NYC Hotel
Dubbed the Cachet Boutique NYC, the 105-key hotel was developed in partnership with Merchants Hospitality Group. The hotel is steps from Chelsea, Hell's Kitchen and the soon to be open Hudson Yards.
26 July 2017 12:20 -
Hersha Sells 3 Hotels, Acquires Westin Philadelphia
The company disposed of a portfolio consisting of three Hyatt House hotels, located in California and Arizona. The 294-key Westin Philadelphia is part of the Liberty Place mixed-use complex that also features office, retail and residential.
24 July 2017 12:33 -
Tropicana Entertainment Buys Chelsea Hotel in Atlantic City
The boutique lodging property will be incorporated into the company’s 2,400-key casino resort across the street.
11 July 2017 09:47 -
Summit Closes $163M Portfolio Deal
Acquired from Xenia Hotels, the five properties include four adaptive-reuse buildings. The assets are located in Fort Worth, Kansas City, Mo., Pittsburgh and Baltimore.
23 June 2017 08:03 -
Marriott Breaks Ground on Pittsburgh Hotel
The four-story property will be situated adjacent to the Harrisburg International Airport and other major attractions, which is creating a strong demand for leisure and business travelers.
22 June 2017 15:33 -
Residence Inn by Marriott Expands in Pittsburgh
The 144-key Residence Inn Pittsburgh Oakland/University Place will be operated as a Marriott franchise and owned by MWK Forbes II.
22 June 2017 15:29