The Bentley Hotel Southampton to join JdV by Hyatt brand
Hotel Business
by Adam Perkowsky
4h ago
The Bentley Hotel Southampton has joined the Hyatt portfolio as an affiliated hotel, in collaboration with Bijal Hospitality, the property’s owner and operator. The hotel, which is currently undergoing renovation, is expected to join the JdV by Hyatt brand in mid-2024, following additional property-wide upgrades. The hotel will begin participating in World of Hyatt when it joins the JdV by Hyatt brand. The Bentley Hotel Southampton, which will be the first Hyatt property in the Hamptons on the East End of Long Island, is located less than 40 miles from Long Island MacArthur Airport. Each of t ..read more
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Web Exclusive: HBA designs Beach Village at The Del
Hotel Business
by Abby Elyssa
5h ago
HBA Los Angeles recently completed the interior design of Beach Village at The Del. The beachfront cottages and villas are set within a gated neighborhood at the north end of the Hotel del Coronado in San Diego. HBA Los Angeles’ design for the 78 residential-style accommodations is sophisticated and refined with contemporized, traditional detailing. “The California cottage-style architecture of Beach Village and the local beach frontage strongly influenced the design direction of the interiors,” said HBA Los Angeles Partner Kathleen Dauber. “The quality of the na ..read more
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MCR, BLT complete $632M refinancing of 53-hotel portfolio
Hotel Business
by Adam Perkowsky
5h ago
MCR and Building and Land Technology (BLT) have closed a $632-million, three-year, fixed-rate financing on a portfolio of 53 hotels across the U.S. “This refinancing is a validation of the quality of assets in the portfolio and the attractive operating and financial performance of properties managed by MCR,” said Tyler Morse, chairman/CEO, MCR. Carl Kuehner, chairman, BLT, said, “It is a great achievement to accomplish a refinancing of this size and scope in today’s challenging debt environment. Pricing on the bonds was strong with our AAA’s coming in at +145. This deal is a great outcome for ..read more
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Signature Inn Winnemucca opens
Hotel Business
by Adam Perkowsky
5h ago
Sonesta International Hotels Corporation has opened the Signature Inn Winnemucca located in Winnemucca, NV. The 40-room, upper-economy hotel is located close to Winnemucca Golf Course and Humboldt Museum. “The conversion of the Signature Inn Winnemucca, the latest of several Signature Inn properties expected to open this year, is part of the rapid growth of Sonesta’s portfolio,” said Keith Pierce, EVP/president, franchise & development, Sonesta. “This conversion highlights the value that Sonesta, as an experienced hotel owner and operator, can provide to franchisees at all brand levels as ..read more
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Courtyard Johnson City renovates
Hotel Business
by Abby Elyssa
5h ago
The Courtyard Johnson City has completed its extensive renovation. “This renovation showcases LBA’s commitment to delivering exceptional hospitality experiences, adapting to the dynamic preferences of our guests, and bolstering the local economy,” said Farrah Adams, COO, LBA Hospitality.  “The significant investment by Flynn Properties Inc. in revitalizing the hotel is more than an upgrade—it’s a catalyst for fostering community connections and supporting growth in Johnson City.” First opened in 2009, Courtyard Johnson City is owned by Flynn Properties and managed by LBA Hospitality. The ..read more
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Driftwood Capital receives $33M for Sheraton Park City refi
Hotel Business
by Adam Perkowsky
5h ago
Driftwood Capital has secured $33 million in refinancing for the 200-key Sheraton Park City hotel in Park City, UT. Berkadia South Florida’s Managing Directors Michael Weinberg and Scott Wadler, along with their team members Alec Fox and Edmund Aramayo, arranged the five-year, fixed-rate CMBS loan through Goldman Sachs Bank USA. “The hotel, with its extensive meeting space compared to its nearby competitors, along with its close proximity to the mountains and historic main street, positions itself to continue to exceed our expectations,” said Carlos Rodriguez Jr., president/COO, Driftwood Cap ..read more
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The Rockley hotel makes its debut on Barbados
Hotel Business
by Adam Perkowsky
1d ago
The Rockley hotel has opened on the South Coast of Barbados. Owned and operated by the Ocean Hotels Group, the property is the reincarnation of the old South Beach hotel close to Rockley Beach. “We’ve reimagined The Rockley as an experiential, culture-rich hotel connecting our guests with the vibrant surrounding community,” said Ocean Hotels CEO Patricia Affonso Dass. “From the cuisine to art and music, we welcome guests and locals to join us as we showcase and celebrate the very best of Barbados’ eclectic South Coast.” The 49-room boutique hotel was brought to life by Michelle Leotaud of App ..read more
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Sky Rock Sedona debuts
Hotel Business
by Gregg Wallis
1d ago
Sky Rock Sedona has made its debut following an extensive property-wide transformation and transition to a Tribute Portfolio hotel by Marriott. “We are incredibly excited to welcome guests to the new Sky Rock Sedona and serve as a portal into the destination for guests with our central location, captivating red rock views, sophisticated design, community-driven entertainment, personalized service and locally inspired cuisine,” said GM Maureen Huffman. “Every piece of this hotel’s reimagination was carefully curated with our treasured destination in mind so guests may enjoy an experience that ..read more
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FORTH Atlanta to open in June
Hotel Business
by Adam Perkowsky
1d ago
New City Properties and Method Co. will open FORTH Atlanta, a $150-million, 16-floor development that will include a 196-room luxury boutique hotel with 39 apartment-style rooms dedicated for extended-stays. In addition, there will be four separate food & beverage concepts, an outdoor pool, a flexible venue for events, a fitness center and a members-only social club. FORTH Atlanta will be the centerpiece of one of the largest mixed-use developments on the Atlanta BeltLine and the country’s Southeast region, according to the companies. New City has selected Method Co. to operate the proper ..read more
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The Hiatus Clearwater Beach opens on Florida’s West Coast
Hotel Business
by Adam Perkowsky
1d ago
LBA Hospitality and 3H Group have opened The Hiatus Clearwater Beach, Curio Collection by Hilton. This 88-room boutique-style hotel is the first Curio property to join the LBA portfolio and expands the strategic partnership between LBA Hospitality and owner/developer 3H Group. “Clearwater Beach is well known as an award-winning, must-visit destination,” said Beau Benton, president, LBA Hospitality. “At the Hiatus Clearwater Beach, our goal is to bring guests and locals together in a vibrant space where they can enjoy breathtaking views, savor delicious South Florida cuisine and embrace a rela ..read more
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