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Pandox completes €1.7bn acquisition of Dalata Hotel Group

Pandox AB has officially completed its €1.7bn (£1.46bn) acquisition of Dalata Hotel Group, deepening its presence in the UK and Ireland and adding 31 hotels to its property portfolio. The transaction includes Dalata’s entire business and involves a separation of hotel ownership and operations. Pandox will retain the freehold properties, while Scandic Hotels Group is […]
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Peachtree Group Secures $55M Loan for Hotel Amarano Burbank-Hollywood

Image Credit Hotel Amarano    Peachtree Group has secured a $55 million bridge loan to recapitalize the Hotel Amarano Burbank-Hollywood, facilitated by JMBM. JMBM represented Peachtree Group in securing a $55 million bridge loan for the recapitalization of the Hotel Amarano Burbank-Hollywood. The loan is a three-year, floating-rate agreement that includes two 12-month extension options. The […]
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The Rise of ‘Foodcations’ Among American Travelers

The survey identified the top destinations Americans would travel to for food experiences. Philadelphia, Pennsylvania, topped the list for its Philly cheesesteak. – Image Credit Unsplash    A recent survey reveals that a significant portion of Americans are increasingly planning trips centered around culinary experiences, with younger generations leading this trend. The research highlights that a […]
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