Category Archives: Finance & Development

Marriott Opens First City Express Property in the United States

LODGING Staff

Marriott International, Inc. announced the opening of City Express by Marriott Duluth, Georgia, the first City Express by Marriott property in the United States. Available to book as of March 2025, the opening marks a milestone for the company as its debut in the affordable midscale segment in the United States and Canada. In its […]

JLL Secures Financing for Five Full-Service Hotels — LODGING

JLL Secures Financing for Five Full-Service Hotels — LODGING

LOS ANGELES, California—JLL’s Hotels & Hospitality Group announced that it secured $153 million in senior financing for five full-service hotel properties, consisting of 1,140 keys located in California, Arizona, Colorado, and Georgia. JLL worked on behalf of the borrower, to secure the three-year, floating-rate loan through a debt fund. The portfolio consists of the Embassy […]

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