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MCR and BLT Complete $632 Million Refinancing of 53-Hotel Portfolio

MCR and BLT Complete $632 Million Refinancing of 53-Hotel Portfolio
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MCR To Purchase BT Tower, London

MCR, the third-largest hotel owner-operator in the U.S., has agreed to purchase the BT Tower one of London’s tallest buildings from BT Group. MCR will own the 620-foot Tower and podium, encompassing a full London city block, freehold. ....

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MCR Refinances 16 Hotels for $333 Million

MCR Refinances 16 Hotels for $333 Million
streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.

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Stayntouch Raises $48 Million in Strategic Growth Equity Investment Led by Sixth Street Growth

Stayntouch, a global leader in cloud hotel property management systems (PMS), today announced it has secured $48 million in financing in a strategic growth equity investment led by Sixth Street Growth, the technology growth investing arm of Sixth Street. ....

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Pan Pacific Orchard clinches Hotel Development Excellence award

Pan Pacific Orchard’s biophilic design was created in collaboration with award-winning architectural firm WOHA (Photo: Pan Pacific Orchard).Pan Pacific Orchard, the latest landmark on Orchard Road, claimed the prestigious inaugural Hotel Development Award at the EdgeProp Singapore Excellence Awards (EPEA) in 2023. This luxurious 23-storey hotel, featuring 347 rooms, represents a remarkable redevelopment project that transformed the former Negara Hotel at 10 Claymore Road.Developed jointly by Sin ....

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