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Denis Stackeusky

356 posts

Stonebridge adds MC Hotel in Montclair, N.J.

🏡 Stonebridge Companies has acquired the MC Hotel in Montclair, N.J., a member of the Autograph Collection, through a partnership with CSP MC Partners LP. The 159-room, eight-story hotel features a rooftop bar with views of Manhattan, over 3,000 square feet of rooftop space, and more than 8,000 square feet of event space. The MC Hotel is well-situated near the Wellmont Theater, Montclair State University, and the Montclair Art Museum. It also boasts a permanent art collection and is integrated with the local arts scene. Stonebridge's portfolio expansion strengthens its Northeast presence with this urban lifestyle hotel.
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Loews Hotels opens Helios Grand at Epic Universe

🌈 Loews Hotels & Co opened the 500-room Universal Helios Grand Hotel, adjacent to Universal Epic Universe theme park in Orlando. The hotel joins the resort's Signature Collection alongside Universal Stella Nova Resort and Universal Terra Luna Resort. The Helios Grand Hotel marks Loews' 11th Universal Orlando hotel, totaling over 11,000 guest rooms, and offers Early Park Admission and a rooftop bar. Guest rooms feature Epic Universe views, with options like Presidential and Kids’ Suites. Dining options include Bar Helios and Flora Taverna. The hotel boasts solar and lunar themed décor, with amenities like the Court of the Sun terrace. This venture continues a 25-year partnership between Loews and Universal Orlando.
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Kempinski expands partnership with BTG in China; teases new brand

🏨 Kempinski Hotels and BTG Hotels Group continue a partnership over 20 years, strengthening their luxury and lifestyle presence in China with a multi-year investment plan. The collaboration will grow Kempinski’s Chinese heritage hotel portfolio, launch a new lifestyle brand targeting 200 hotels in five years, and expand the NUO and Bristoria brands. Key Co., a joint venture company established in 2001, manages 22 hotels. Kempinski first entered China in 1992 and extended their agreement with BTG Hotels in 2018 for another 50 years. The growth strategy is part of Kempinski's global initiative to regain market leadership and reposition its brand.
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Gurney’s Montauk lands $235M refinancing

🏖️ Smith Hill Capital and Bain Capital completed a $235-million refinancing for Gurney’s Montauk Resort & Seawater Spa. The property, managed by BLDG Management and Metrovest Equities, spans 20 acres with 2,000 feet of beachfront in Montauk, N.Y., featuring 158 keys, five dining venues, 25,000 square feet of meeting/event space, and a 30,000-square-foot spa. JLL arranged the financing, aimed at supporting the resort's position as a luxury destination in a high-demand leisure market.
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  • 2 min

Tampa’s Saddlebrook Resort sets out on $92M renovation project

🏌️ Saddlebrook Resort in Tampa Bay, undergoing a $92-million transformation, includes redesigning a 480-acre property, its lobby, 451 guestrooms, event spaces, dining options, and golf courses. Rees Jones will overhaul the golf facilities, which will feature a new 27-hole layout. The resort offers a digital golf studio, 43 tennis courts, and over 215,000 square feet for events. The renovation, led by EoA Group and backed by Mast Capital and Amzak Capital, aims to blend tradition with innovation.
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Hyatt officially opens first of its Studios brand in Mobile, Ala.

🏨 Hyatt Studios Mobile / Tillmans Corner, the first of Hyatt Hotels Corp.'s extended-stay brand, opened in Mobile, Ala. A ribbon-cutting event featured Hyatt executives, with 122 apartment-style suites available. Located under 10 miles from Mobile International Airport, the hotel caters to business travelers and tourists with nearby attractions like USS Alabama Battleship Memorial Park. Amenities include full kitchens, free fiber internet, and an expanded borrows program. Developed by 3H Group and managed by LBA Hospitality, further brand expansions are planned in Huntsville, Ala., and Jacksonville, Fla.
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  • 1 min

Peachtree expands in Texas with new TownePlace Suites property

🏡 Peachtree Group, in partnership with TEKMAK Development Company, opened the 87-suite TownePlace Suites in Forney, Texas, 22 miles east of Dallas. The pet-friendly hotel, catering to short and long stays, offers full kitchens, complimentary breakfast, a 24-hour fitness center, and an outdoor pool. In 2023, Peachtree managed multiple Texas hotels, with a portfolio including several brands. The hospitality division now oversees 108 hotels, 28 brands, 13,440 rooms across 26 states, with 35 properties under third-party management.
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Grand Hyatt Miami Beach secures $392M construction loan

🏨 Terra and Turnberry secured a $392-million construction loan from TYKO Capital for the Grand Hyatt Miami Beach, set to open in late 2027. This 800-room hotel will be an 800-room establishment located next to the Miami Beach Convention Center, featuring 12 floors of guestrooms, 52 suites, four levels of meeting and ballroom space, and a rooftop pool deck. The city's first major convention hotel connected to the center received a $75-million grant from the Miami Beach Redevelopment Agency in 2024 after being approved by voters in 2018. Hyatt will manage the property, which is part of a public-private partnership and includes public improvements such as widened sidewalks and bike-share stations.
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Accor partners with InterGlobe to expand through India

🏨 Accor and InterGlobe partner to expand Accor’s India presence, targeting 300 hotels by 2030. Accor currently has 71 hotels, with 40 more being developed. Joint investment in Treebo, which manages 800 hotels across 120 cities; will develop Ibis and Mercure brands, with 10 new Mercure hotels signed. India's travel market is growing, with the economy projected to grow at approximately 7% GDP, becoming the 5th-largest outbound and 3rd-largest domestic travel market by 2027. Collaboration includes a loyalty program between IndiGo's BluChip and Accor’s ALL - Accor Live Limitless. Agreements await governmental approval.
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Idaho’s Coeur d’Alene Resort to expand with new tower

🏖 Hagadone Hospitality has started construction on the Sherman Tower, expanding The Coeur d’Alene Resort in Idaho by 139 rooms, totaling 477 rooms when complete. The project is expected to generate around 200 jobs, featuring lake-facing guestrooms, an expanded food-and-beverage program, and new common areas. The expansion includes a lobby lounge, rotating local art café, a full-service restaurant, and a rooftop bar with views of Lake Coeur d’Alene and the city skyline. The resort already has a spa, marina, golf course, and meeting space. Coeur d’Alene has seen increased tourism and corporate meetings, along with hospitality development.
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