Hotel - Philadelphia
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Meridian Arranges $54M for New Pod Hotel
Clients Modus Hotels and Parkway Corp. will utilize the financing to develop Pod Philadelphia, an 11-story, 252-key micro-hotel.
30 March 2018 07:49 -
Philly Sheraton Lands New Owner, Planned Makeover
The Buccini/Pollin Group acquired the 364-key property in the Old City district for almost $100 million. The Delaware-based company is set to renovate and rebrand the hotel.
30 March 2018 07:38 -
Las Vegas Sands to Sell Philly-Area Casino for $1.3B
Wind Creek Hospitality, an affiliate of the Poarch Band of Creek Indians of Alabama, will acquire the property in Bethlehem, Pa. The transaction is scheduled to close by year’s end or in early 2019.
13 March 2018 13:13 -
Sheraton Completes $7M Philly Hotel Renovation
Crescent Hotels & Resorts is the operator of the 250-key property constructed in the 1980s. Balongue Interiors handled the revamping process.
19 January 2018 14:54 -
Sunstone Sells 2 Marriott Hotels for $139M
As of today, Sunstone has interests in 25 hotels comprised of 12,450 keys, operating under nationally recognized brands such as Marriott, Hilton and Hyatt.
12 January 2018 14:40 -
Interstate Lands Management of Philly Hotel
The new owner of the 349-key hotel, located near the city’s airport, is planning to extensively renovate the building in the near future.
09 January 2018 15:46 -
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 -
Courtyard Philadelphia to Join Autograph Collection
The 499-key hotel is listed on the National Register of Historic Places. Marriott will continue to manage the property after its conversion.
22 June 2017 09:54 -
Crescent Tapped to Manage Philly-Area Hilton Hotel
The 146-key hotel is adjacent to the Fort Washington Office Park, benefiting from the proximity of nearly six million square feet of Class A office space. Crescent will manage all operations of the hotel, including guest experience and food services.
24 May 2017 15:02 -
Philly-Area Hilton Garden Inn Hotel Sells for $23M
The 146-key property underwent a $2.5 million renovation of the lobby and outdoor seating areas, as part of a value-add strategy implemented after the hotel's acquisition in 2013.
23 May 2017 09:44 -
Cambria Hotel Philadelphia Tops Off
The 15-story, 223-key hotel will open in the first quarter of 2018. Built by Pearl Properties, the building was designed by DAS Architects Inc. and will be managed by Concord Hospitality Enterprises Co.
08 May 2017 11:28 -
Hersha Parts Ways with Suburban Hotel Portfolio
The $185 million sale of five hotels is part of the company's ongoing capital recycling program.
15 September 2016 09:17 -
Choice Hotels Celebrates Cambria Philadelphia Groundbreaking
The 222-key hotel along the Avenue of The Arts is set to open in 2017 in Philadelphia’s Center City.
10 June 2016 13:16 -
SugarHouse Casino Expansion Ups the Ante in Philly
HSP Gaming, owner and operator of the gaming destination, has completed the expansion project, taking the property from 108,000 to 260,000 square feet.
11 May 2016 09:48 -
Hersha Closes Sale of Hyatt Place in Philadelphia Suburb
The 129-key hotel, located in a vibrant submarket, was purchased by a joint venture between DoveHill and Wurzak Hotel Group.
06 May 2016 10:52