Hospitality- Page 2 of 16

Hospitality

April 3, 2025

Braemar Hotels & Resorts Enters into Franchise Agreement for the Sofitel Chicago Magnificent Mile

Braemar Hotels & Resorts Inc. says it will transition the Sofitel Chicago Magnificent Mile to a franchise structure managed by Remington Hospitality.

August 27, 2024

Texas Research Quarter Receives City of Plano Approval for Development Agreement Supporting Life Sciences Real Estate Project

City Council approval marks a key step toward a public-private partnership to establish Plano as a major hub for life science.

August 20, 2024

Capital Square Receives Zoning Approval for Mixed-Use Apartment and Hotel Project in Richmond, Virginia

“As Capital Square’s sixth development in Scott’s Addition, this project will fill a large void in the neighborhood, which is in need of hospitality venues to meet the growing demand from visitors to Richmond seeking accommodations near the city’s most vibrant neighborhood.”

July 29, 2024

Investment firm buys Alpharetta’s Hamilton Hotel after foreclosure

Greg Friedman, CEO and managing principal for Peachtree Group, said his firm intends to focus on stabilizing the hotel’s performance.

May 2, 2024

Peachtree Group Announces Senior-Level Promotions

“Investing internally in our people is key to our success, and their expertise, strong leadership, innovative thinking, and commitment represent the best of our firm.”

April 12, 2024

Ashford Hospitality Trust Closes Sale of Hilton Boston Back Bay

"We are pleased to announce the closing of the sale of the Hilton Boston Back Bay for a very attractive value and the significant progress we've made in paying down our strategic financing," commented Rob Hays, Ashford Trust's President and Chief Executive Officer.

December 14, 2023

Capital Square and Method Co. Mark Construction Milestone with Topping Out of Luxury Boutique Hotel in Charleston Opportunity Zone

Capital Square Capital Square, one of the nation’s leading sponsors of tax-advantaged real estate investments and an active developer and manager of housing communities, and Method Co., a real estate development, design and management company, announced today the topping out of their new project, a 50-unit, luxury boutique hotel in historic downtown Charleston. The as-yet-unnamed…

December 7, 2023

Retail and Hotel Performance Quietly Gaining Momentum

“Now that a lot of the vacant retail space has been upgraded to new mixed-use centers or converted to other uses like warehouse or storage, the overall sector metrics have improved notably."

November 13, 2023

Ashford Hospitality Trust Hopes To Hand Back Keys to 19 Hotels in Its Portfolio by Year’s End

The Dallas-based REIT has been working for months to hand back the keys of 19 hotels tied to three loans that matured in June in which the trust opted not to pay the $255 million required to extend those loans.