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Comfort Inn in Orlando, FL, sold for $10.5M
Openings & Acquisitions

Comfort Inn in Orlando, FL, sold for $10.5M

This is Kabani’s third hotel sale in the city this year

L.A. petition demands vote on wage ordinance
Trends & Issues

L.A. petition demands vote on wage ordinance

Industry group said the ordinance, passed in May, risks 15,000 jobs

CoStar: June 21 week sees hotel metrics rise
Numbers

CoStar: June 21 week sees hotel metrics rise

San Francisco led in YOY occupancy, up 17.2 percent to 72.2 percent

Delhi, India, drops police license rule for hotels
India News

Delhi, India, drops police license rule for hotels

Hospitality industry says it will ease business in the capital

Hotel Tech Advances; Outpaces Operational Readiness
Industry News

Report: Tech outpaces readiness in hotels

Aligning people, processes and platforms driving performance in response to rising guest expectations

peachtree group hotel financing
Finance

Peachtree backs Voyage’s Denver AC Hotel

The financing combines senior debt and C-PACE funding

Fremont CA: Sagemont Hotels Opens 128‑Suite Homewood Suites
Openings & Acquisitions

Sagemont opens Homewood Suites in Fremont, CA

The 128-room hotel is near UC Berkeley, Stanford University

Jared Schlosser, new head of originations at Peachtree Group, CRE and hotel lending leader
Promotions

Schlosser is Peachtree’s head of originations, CPACE

He will continue to lead the firm’s CPACE lending program