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FeaturedHospitalityIndustry News

Kabani Hotel Group CEO Urges Owners to Tighten Risk Controls as 7% Debt, AI and Insurance Costs Mount

Kabani Hotel Group founder Ahmed Kabani is urging hotel owners to tighten risk controls while markets still feel calm, and his seven-point checklist,...

erik-mclean-nfoRa6NHTbU-unsplash-mall
AECDallas / Ft. WorthHospitalityIndustry NewsResidentialRetail

Koreatown Developer Pushes Zoning to Remake 55 Acres of Lewisville’s The Vista Mall With 1,000+ Apartments, Hotel

Hankook Property Management, a Los Angeles Koreatown developer that bought the core of Lewisville's struggling The Vista mall in 2022, is racing to...

Forth Worth skyline
Dallas / Ft. WorthFinanceHospitalityIndustry News

Bowie Place Properties Lands MetLife Floating-Rate Loan for 106-Key Bowie House in Fort Worth

Bowie Place Properties has recapitalized Bowie House, Auberge Collection, the 106-key luxury boutique hotel that anchors Fort Worth's Cultural District, securing a floating-rate...

Hotel pool with palm trees and seating area
Dallas / Ft. WorthFinanceHospitalityHoustonIndustry News

Choice Hotels Markets 365-Key Houston and Fort Worth Cambria Hotels in $100MM+ Portfolio Offering

Choice Hotels International has put its corporately owned Cambria hotels in downtown Houston's historic Great Southwest Building and Fort Worth's medical district on...

dallas city skyline at night
AECDallas / Ft. WorthHospitalityIndustry NewsResidential

Dallas Council Rejects Winners Assembly’s Bid to Rezone MLK Boulevard Site for $250MM South Dallas High-Rise

The Dallas City Council turned down Winners Assembly Christian Church's bid to rezone a corner of Martin Luther King Jr. Boulevard for a...

dallas panoramic view
AECCommercialDallas / Ft. WorthHospitalityIndustry NewsResidentialRetail

Dallas Delays $800MM Preston-Royal Towers Vote to October Amid Neighborhood Fight

A single property owner's $150 procedural filing has pushed Burk Interests' contested $800 million high-rise proposal at Preston Road and Royal Lane to...

stadium football soccer sunset
AECCommercialDallas / Ft. WorthHospitalityIndustry NewsResidentialRetail

FC Dallas Opens First Phase of $215MM Toyota Stadium Overhaul as Frisco’s $1B District Slips Three Years

FC Dallas will unveil the rebuilt east side of Toyota Stadium on Sept. 5, the first finished piece of a reconstruction whose cost...

Hotel sign on top of a building
AECAustinHospitalityIndustry News

BCP-ESK Concho Plans $34MM, 130-Room AC Hotel by Marriott on East Seventh Street in Austin

A development group led by Biren Patel has filed plans for a five-story, $34 million AC Hotel by Marriott on East Seventh Street,...

Hotel sign on top of a building
Dallas / Ft. WorthFinanceHospitalityIndustry News

85-Key Quality Inn & Suites Hits the Market Near Love Field in Dallas for $8.55MM

Bowman Post Group has listed an 85-room Quality Inn & Suites at 10835 Composite Drive in northwest Dallas at $8.55 million, framing the...

dallas panoramic view
AECDallas / Ft. WorthHospitalityIndustry News

Peachtree Group to Open 19-Story, 264-Room Dual-Branded AC Hotel and Moxy Tower in Uptown Dallas

After a seven-year path from concept to keys, Atlanta-based Peachtree Group is preparing to open a 19-story tower in Uptown Dallas that stacks...

hotel sign on top of a building
Dallas / Ft. WorthFinanceHospitalityIndustry News

87-Room AVID by IHG in North Fort Worth Hits Market at $9.14MM

A five-year-old, 87-room AVID by IHG in the fast-growing Fossil Creek submarket of North Fort Worth is being offered for sale free of...

Holiday Inn building
AustinFinanceHospitalityIndustry News

Pacifica Hosts’ 323-Room Holiday Inn Austin-Town Lake Enters Special Servicing on $26MM CMBS Loan

A 323-room downtown hotel on the shore of Lady Bird Lake has slipped into special servicing after its debt-service coverage nearly evaporated, marking...

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