LODGING Staff - 10 Minutes News for Hoteliers - Page 55

1 min

Mesa West Capital Provides Loan to Refinance Burton House Beverly Hills

🏨 Mesa West Capital has provided $55 million in first mortgage debt for the refinancing of the Burton House Beverly Hills, a 186-room hotel in West Los Angeles. The five-year, nonrecourse loan supports the hotel's recent $13.7 million renovation, which included redesigns and new amenities. Located at Beverly Hills' southern gateway, the hotel is positioned to improve its market standing and performance as part of the Tribute Portfolio Hotels & Resorts brand.

2 min

Wyndham and Ovolo Group Announce Partnership

📍 Wyndham Hotels & Resorts and Ovolo Group are partnering to integrate five Ovolo hotels into Wyndham's brand by fall 2025. This includes over 450 rooms in Sydney, Brisbane, Canberra, Melbourne, and Hong Kong. Ovolo Central (41 rooms) in Hong Kong, Ovolo Nishi (85 rooms) in Canberra, Ovolo South Yarra (123 rooms) in Melbourne, Ovolo The Valley (103 rooms) in Brisbane, and Ovolo Woolloomooloo (100 rooms) in Sydney will join Wyndham's portfolio and reward program.

2 min

Embassy Suites by Hilton Gulf Shores Beach Resort Opens

🏨 Embassy Suites Gulf Shores Beach Resort opened in Gulf Shores, Alabama, features 257 suites, most with Gulf views. Developed by Peachtree Group, Woodbine Development Corporation, and DD Partners LLC, this eight-story hotel offers amenities like a 7,800-square-foot ballroom, 13,620 square feet of meeting space, and a three-story parking garage. Guests can enjoy Sound Wave’s live music, The Cove Bar, and Tide & Table restaurant. Located near attractions like Gulf State Park and Hangout Music Festival.

1 min

Sonesta Executes 31 Franchise Agreements During H1 2025

📈 Sonesta International Hotels announced 31 new franchise agreements in the first half of 2025, demonstrating significant global expansion. Ten new hotels opened, adding nearly 1,000 rooms to their portfolio. These openings include the Sonesta Essential Baton Rouge, Red Lion Hotel Charlotte, and Signature Inn Miami, among others. The growth highlights Sonesta’s strategic brand offerings and ability to meet market demands across diverse locations, including Louisiana, California, and Florida.

3 min

Lodging Econometrics: Dallas Leads U.S. Hotel Construction With Record-High Pipeline

🏨 Dallas leads the U.S. hotel construction pipeline at Q2 2025, with 199 projects and 24,497 rooms, followed by Atlanta, Nashville, Austin, and Phoenix. Austin showed a 10% YOY project growth. U.S. totaled 1,956 renovation projects (259,495 rooms). In the first half of 2025, 329 hotels (39,628 rooms) opened, with 406 more expected by year-end. Forecasts for 2026 and 2027 highlight Phoenix and Dallas as leaders with 27 and 35 new hotels, respectively.

3 min

Landingplace Hotels Announces Launch of Two New Brands

🏨 Bluffton, South Carolina – Landingplace Hotels launches two midscale brands: Landingplace Suites for 30+ night stays with apartment-style suites, and Landingplace Select for short-term stays with lean operations. Over $5.8 billion in U.S. hotel loans maturing in 2025 pressures refinancing. Flexible PIP standards and smart tech, including AI-powered revenue management and guest-facing tools, enhance operations. Co-founded by Jeremy Bratcher and Jacob Amezcua, focusing on urban and suburban areas with business, medical, and university demand.

1 min

Remington Hospitality Appoints Jason Kreul as Chief Operating Officer

📈 Jason Kreul will become the Chief Operating Officer of Remington Hospitality on August 5, 2025, in Dallas, Texas. He will manage hotel operations across North America, the Caribbean, and Latin America. With over 20 years in hospitality, Kreul previously worked as COO at First Hospitality. He aims to drive growth and enhance owner relationships. CEO Ben Perelmuter supports Kreul's appointment to strengthen Remington's market position and strategic expansion.

2 min

Hotel Equities Announces Planned Retirement of Founder

📈 ATLANTA, Georgia—Fred Cerrone, founder of Hotel Equities, will retire on November 22, 2025, after 58 years in hospitality. Cerrone, who became Sheraton's youngest general manager at 21 and a Marriott franchise pioneer, will remain as chairman emeritus. Post-merger with Springboard Hospitality, Brad Rahinsky is now co-chairman, and Ben Rafter is CEO. Cerrone's legacy of integrity and service will continue to guide the organization.

1 min

Renaissance Chicago North Shore Hotel Completes Renovation

🏨 Northbrook, Illinois—Renaissance Chicago North Shore Hotel completed a property-wide renovation managed by The Gettys Group and Ste Marie Design. Starting in 2020, the renovation took place in two phases: updating all guestrooms first and then public spaces, meeting venues, and exterior. Now open, the hotel boasts 20,000+ sq ft of flexible space, 21 breakout rooms, and The Greenery venue for up to 500 guests. Enhancements include a new club lounge and tech-forward fitness center.

1 min

Crescent Hotels & Resorts Announces Opening of The REMI Scottsdale, Autograph Collection

🏨 Scottsdale, Arizona—Crescent Hotels & Resorts opened The REMI Scottsdale, Autograph Collection, the first of its kind in the area. The hotel features 161 art-forward guestrooms by RSP Architects, including two Loft Suites on the pool deck. Culinary options include Kauboi, a Japanese steakhouse, F/Sixteen, an American diner, and Allegra Pool & Bar. The hotel boasts Scottsdale's highest rooftop bar and offers event spaces for gatherings and celebrations.

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