JLL’s Hotels & Hospitality Group, as sole and exclusive agent for the owner, has been retained to offer for sale the fee simple interest in the 101&room Hampton Inn Erie&South and 103&room Hampton Inn Cleveland Solon.
Appeared first on: hotelnewsresource.com
Adrienne Jubb joins HE as SVP, business development
Hotel Equities (HE) has named Adrienne Jubb SVP, business development for the Western U.S. She brings experience in hospitality, including expertise in operations, feasibility and development, according to the company. “Adrienne’s industry knowledge, paired with her strong network and ability to identify and act on opportunities, makes her a perfect fit to lead our growth in the West,” said Joe … [Read More...]
Slovak Prime Minister Fico faces confidence vote amid EU exit accusations
Slovakia's Moscow-friendly prime minister has faced accusations by the country's largest opposition party of trying to take the country out of the EU. Prime Minister Robert Fico is facing a confidence vote in the Slovak parliament on Tuesday, following accusations from the opposition that he is attempting to take Slovakia out of the European Union. Fico has a slim majority in parliament, and … [Read More...]
Peachtree originates $114.6M in loans for two Hyatt hotels
Peachtree Group has originated $114.6 million in bridge loans to recapitalize two Hyatt hotels owned by McWhinney. The transactions include the Hyatt Centric Congress Avenue Austin in Texas and the Hyatt Place Denver Peña Station in Colorado. For the 246-room Austin hotel, the company originated a floating-rate bridge loan with a 48-month term. Located in downtown Austin, the hotel is adjacent to … [Read More...]
EU finance ministers agree on France’s cost-cutting budget as Bayrou walks tightrope
France has one of the highest and longest-standing budget deficits in the eurozone – but attempts to resolve it have already toppled one government. France’s plans to bring its swollen budget under control by 2029 won support from EU counterparts on Tuesday.But Prime Minister François Bayrou still has a tightrope to walk to avoid the fate of his predecessor Michel Barnier, who was forced to … [Read More...]
Radisson Hotel Group Expands its Footprint in Sri Lanka with New Luxury Resort in Galle
The Radisson Collection has opened Radisson Collection Resort, Gallet in the historical city of Galle, Sri Lanka. Appeared first on: hotelnewsresource.com … [Read More...]