LODGING Staff - 10 Minutes News for Hoteliers - Page 58

2 min

Extended Stay America Announces Launch of Client Connect

📲 Extended Stay America (ESA) launches Client Connect, a business travel program, in Charlotte, North Carolina, offering tailored services for business travelers requiring extended stays. With over 30 years experience and 700+ locations, ESA focuses on personalized partnerships, competitive rates, and flexible policies. The program addresses needs of construction crews, traveling nurses, and military personnel, providing dedicated account management, streamlined booking, and a Direct Bill Program. Available immediately, enhancements are underway.

1 min

CoStar Reports Mixed U.S. Hotel Industry Performance Results in June

🗺 June 2025, Arlington, Virginia—The U.S. hotel industry had mixed results over the past year. Occupancy dipped 1.7% to 68.5%, while ADR increased slightly by 0.4% to $162.51, impacting RevPAR, which declined by 1.2% to $111.32. New York City led with an 88.5% occupancy, up 0.9%. New Orleans and Phoenix saw the lowest occupancy at 53.8% and 59.5%, respectively. Top 25 Markets outperformed others in occupancy and ADR metrics.

2 min

Peachtree Group Launches $250 Million Special Situations Fund

💰 Peachtree Group launched a $250 million Special Situations Fund targeting mispriced, high-quality hotel and commercial real estate assets, amid $1 trillion in loans maturing by 2025. Focused on the U.S., particularly Texas, Florida, and California, Peachtree aims to address refinancing challenges with creative capital solutions. They anticipate a 60-90 day first close, completing within 18 months. Strategies include off-market acquisitions, preferred equity, and distressed purchases from lenders.

1 min

Raines Adds Two DoubleTree by Hilton Properties to Management Portfolio

🏨 Raines unveils two new DoubleTree by Hilton hotels in Summerville and Greenville, South Carolina, both opening in July 2025. DoubleTree Greenville features 126 rooms, while DoubleTree Summerville boasts 95 rooms. Renovations include updates to guestrooms, public areas, and dining facilities. Located near major highways, both hotels offer easy access to local attractions. Grey Raines, managing partner of Raines, highlights their commitment to enhancing guest experiences in these key Southeast markets.

1 min

Azul Hospitality Adds Hilton Garden Inn Colorado Springs to Managed Portfolio

🏨 San Diego, California—In 2025, Azul Hospitality added the 168-room Hilton Garden Inn Colorado Springs Downtown to its portfolio. Located in downtown Colorado Springs, it offers an indoor pool, fitness center, and around 5,000 square feet of meeting space across four rooms. A rooftop bar with Pikes Peak views is set to open this fall, and a spa concept is planned. CEO Alvaro Fraile highlighted the hotel's potential for increasing revenue.

1 min

Henderson Beach Resort Announces Opening of Primrose Coastal Italian

🍴 DESTIN, Florida—On the official opening of Primrose Coastal Italian at Henderson Beach Resort, led by Executive Chef Scott Plumley. The restaurant offers a unique coastal cuisine experience, featuring house-made pastas, locally sourced seafood, and Mediterranean ingredients. Menu highlights include Blue Crab Zeppole, Lobster & Summer Stone Fruit Caprese, and Linguine al Frutti di Mare. Primrose is now open for nightly dinner service, welcoming guests to savor dishes that blend Italian heritage with Florida’s Gulf Coast flavors.

1 min

JLL Announces Sale of Clarion Hotel Airport in Portland, Maine

📍 JLL’s Hotels & Hospitality Group facilitated the sale of the Clarion Hotel Airport, a 149-room hotel in Portland, Maine. Originally opened in 1974, the hotel features 7,000 square feet of meeting space and amenities like a restaurant, shuttle service, pool, fitness, and business centers. It offers easy access to I-295 and Portland International Jetport. The hotel will be managed by Jamsan Hotel Management. Alan Suzuki led the JLL team in this transaction.

1 min

The Highland Dallas Completes Renovation

🏨 The Highland Dallas in Texas completed renovations led by BAMO, Inc., focusing on guest rooms, lobby, and public spaces. As the first in Hilton's Curio Collection, the redesign highlights Dallas' modernist architecture and features an art program curated by Sweeney Art Advisory. Notable installations include a handcrafted terracotta mural and custom chandeliers. The updated interiors incorporate natural materials and custom artwork to reflect Dallas' cultural essence.

2 min

Access Point Financial Provides Refinancing of Four-Hotel Portfolio

🏨 In July 2025, Access Point Financial provided a $55 million floating-rate loan to H&S Properties Development Corp. to refinance a four-hotel portfolio in Maryland, including the Courtyard Aberdeen/Residence Inn and Hilton Garden Inn/Homewood Suites in Baltimore. The loan features a four-year term with a one-year extension, aimed at refinancing debt and funding a PIP. The Aberdeen hotels are near Ripken Stadium, while the Baltimore hotels are close to the Inner Harbor and Camden Yards.

2 min

TownePlace Suites Bozeman West Opens

🏨 Bozeman, Montana—TownePlace Suites Bozeman West opens with 107 suites. Construction took 18 months. Designed for extended stays, it features full kitchens, a bar, and a restaurant. Located near Yellowstone, Big Sky Resort, and Bozeman Airport, guests enjoy an indoor pool, fitness center, and pet-friendly amenities. Two meeting rooms, outdoor seating with a fire pit, and energy-efficient features enhance comfort. The design blends white marble and rustic wood.

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