LODGING Staff - 10 Minutes News for Hoteliers - Page 4

2 min

JLL Arranges Refinancing for 506-Room Marriott Nashville Tri-Brand Hotel in Downtown Nashville, Tennessee

📍 JLL’s Hotels & Hospitality Group arranged refinancing for the Marriott Nashville Tri-Brand, a 506-room hotel in downtown Nashville, Tennessee. The five-year loan was secured for North Point Hospitality. The hotel, one of two tri-brand hotels in the U.S., opened in January 2019, with a $13 million expansion completed in January 2025. It features three Marriott brands, six dining outlets, 9,016 sq. ft. of meeting space, and 275 parking spaces.

1 min

Marcus & Millichap Report Projects Philadelphia Hotel Occupancy to Rise to 64.9% in 2026 with Strong ADR Growth

📊 In 2026, Philadelphia's hospitality sector is poised for growth. Approximately 600 new hotel rooms are expected, boosting occupancy to 64.9%, making it a top growth market. The average daily rate (ADR) is forecasted to hit $158.45, driving RevPAR up to $102.82. These increases are fueled by major global and national events. Tim Stephenson from Marcus & Millichap highlights the city's favorable investment environment due to limited new supply and rising RevPAR.

2 min

Omni Hotels & Resorts Begins Development on 143-Room Omni Midland Hotel, Its Twelfth Property in Texas

🏨 Omni Hotels & Resorts began development on the Omni Midland Hotel in Dallas, Texas, marking its 12th Texas location. The project features 16,000 sq. ft. of meeting space, a 5,640 sq. ft. ballroom, and 143 guestrooms. There will be three dining options, a rooftop pool, full-service spa, and an 800-space parking garage. Designed by HKS Architects, the hotel reflects Midland’s heritage and is located near the George H.W. Bush Convention Center.

1 min

White Lodging Acquires 353-Room Sheraton Raleigh Hotel, Plans Renovation and Rebranding to Westin by 2027

📍 White Lodging acquired the 353-room Sheraton Raleigh Hotel in downtown Raleigh, North Carolina, and plans a comprehensive renovation to rebrand it as a Westin by early 2027. This is White Lodging's first acquisition in Raleigh. The company manages around 60 hotel properties in 17 markets, including the JW Marriott Charlotte in North Carolina. White Lodging also plans to open Hotel Trinity Austin, Autograph Collection, in Texas later this year.

2 min

Extended Stay America Opens 146-Room Suites Hotel in Houston's Galleria District, Targeting High-Demand Urban Market

📌 Extended Stay America Suites – Houston – Galleria opens in Houston's Uptown/Galleria district. Owned by Ishan and Binoy Patel of SAI RAM Galleria LLC, the 146-room hotel caters to long-term stays with amenities like full kitchens, free WiFi, and a fitness room. Located near major corporations and healthcare centers, the property aims to meet demands in this high-barrier, high-demand area. It's designed for both business and leisure travelers and offers free parking and breakfast.

2 min

Marriott International Enters Joint Venture to Integrate Lefay's Luxury Wellness Brand into Its Portfolio

🏨 Marriott International and the Leali family announced a joint venture to integrate the luxury wellness brand Lefay into Marriott's portfolio. Founded in Italy in 2006, Lefay has two resorts and three developments in Tuscany, Southern Italy, and the Swiss Alps. The brand focuses on eco-resorts with wellness programs. This partnership aims to expand Lefay globally, enhancing Marriott's luxury offerings with wellness-focused experiences. The deal awaits customary approvals.

4 min

Kiana Beimes Named 2026 Woman of the Year by Hawai’i Women in Lodging & Tourism for Leadership Achievements

🏖 From 2013 to 2023, Kiana Beimes rose from intern to general manager at OUTRIGGER, working at four Waikiki properties and contributing to the acquisition of OUTRIGGER Kāʻanapali Beach Resort. In 2023, she was selected by AHLA to speak at their 2024 conference in Chicago. Named 2026 Woman of the Year by Hawai’i Women in Lodging & Tourism, her team ranked #3 of 100 hotels in Honolulu, up from #58 in 2021, showcasing significant progress in five years.

Peachtree and Lone Star PACE Secure $11 Million C-PACE for MCM Elegante Hotel Redevelopment in Beaumont

🏨 Peachtree Group and Lone Star PACE closed an $11 million C-PACE transaction for redeveloping the MCM Elegante Hotel in Beaumont, Texas. The project will convert the hotel into a 287-key, dual-branded Courtyard and Element Hotel by Marriott, with 135 Courtyard rooms and 152 Element rooms. Renovations will last about 18 months, with the hotel remaining open. C-PACE financing helps overcome capital constraints, offering a cost-effective means for such hospitality asset transformations.

1 min

Indianapolis Marriott East Completes $25 Million Renovation, Updating 315 Guestrooms and 90,000 Sq Ft Meeting Space

🏨 Indianapolis Marriott East completed a $25 million renovation of 315 guestrooms and 90,000 sq ft of meeting space, adding a new pool and updated fitness center. The Skylight Bistro & Wine Bar now offers a revamped menu by executive chef Manny Hodge. The hotel features 497 rooms and is located near Downtown Indianapolis, Lucas Oil Stadium, and Bottleworks District. General Manager Timothy Wagner emphasizes the hotel's role as a community hub.

1 min

Laurel Real Estate Co. Facilitates Sale of Red Roof Inn Clyde to Local Owner-Operator Amid Competitive Bidding

🏠 Laurel Real Estate Co. arranged the sale of the Red Roof Inn Clyde in Clyde, Ohio, with multiple competitive bids. The seller was restructuring a portfolio. A local owner-operator, familiar with northern Ohio, acquired the property. Financing was arranged by Dan Uhl of Peachtree Group. Investors are increasingly interested in well-maintained assets in secondary markets, with interest extending beyond major metros, as noted by Lauren D’Souza-Faze of Laurel Real Estate.

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