Industry News

MIAMI, Florida—Driftwood Capital announced the successful initial closing of its latest fund, Driftwood Florida Space Coast Portfolio, LP, focusing on the acquisition and develop

ABERDEEN, South Dakota—Following thorough discussions with stakeholders, My Place Hotels of America has taken the next step in its journey by introducing My Place 3.0. This move

Glokal Group in partnership with Blue Road announced the groundbreaking of Dolce by Wyndham Miami, their latest venture in South Beach. The new 90-room hotel is set to add to the a

DALLAS, Texas—TPG Hotels & Resorts announced it has been selected to manage the AC Hotel Tuscaloosa Downtown, located in Tuscaloosa, Alabama. The AC Hotel Tuscaloosa Downtown

Driftwood Capital has revealed the successful initial closing of its latest fund, Driftwood Florida Space Coast Portfolio LP, focusing on the acquisition and development of existin

Marcus & Millichap has arranged the sale of Comfort Suites North Charleston-Ashley Phosphate, a 98-room hotel property located in North Charleston, SC. The property sold for $1

Choice Hotels International Inc. has expanded its upscale portfolio with the opening of the Radisson Hotel Fairview Heights – St. Louis in Fairview Heights, IL. The four-story ho

Argentinian business group Glokal Group, in partnership with Blue Road, a Miami-based integrated real estate developer, have broken ground on the Dolce by Wyndham Miami in South Be

On the first day of its 2024 convention, held at the Loews Ventana Canyon Resort in Tucson, AZ, My Place Hotels of America introduced My Place 3.0, which includes product enhanceme

Securing financing in the ever-evolving world of hotel development has become an increasingly daunting challenge. The hospitality industry, having navigated the complexities of pos