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Braemar Secures $358 Million Refinancing for Four Luxury Hotels

Braemar Hotels & Resorts has closed a $358 million commercial mortgage-backed securities loan secured by four luxury properties: The Ritz-Carlton St. Thomas, The Ritz-Carlton Reserve Dorado Beach, The Notary Hotel, and Sofitel Chicago Magnificent Mile. The interest-only loan carries a floating rate of SOFR plus 2.37%, with a two-year initial term and three one-year extension options. The refinancing reduces the weighted-average interest spread on the four properties by 104 basis points, from 3.41% to 2.37%, while extending the final maturity to November 2031. The new loan replaces two existing loans with combined balances of about $290.4 million. The deal supports Braemar's wider financial restructuring and transition to a self-managed real estate investment trust. Read more

Japan Hotels Add Postpartum Care Services for New Mothers

Hotels in Japan are becoming an alternative setting for postpartum care, with midwives and nurses providing support to mothers and newborns. The services cover breastfeeding, weaning, infant care, and maternal recovery, with some programs also offering meals and accommodation for other family members. Railway operator Keikyu tested a three-day program at a business hotel near Keikyu Kamata Station in Tokyo. Rooms were equipped with kitchens and washer-dryers, and the base rate was 25,000 yen per night. Reservations filled within two days, prompting the company to consider a wider rollout. The trend offers hotels another way to serve families while responding to growing demand for professional postnatal support. Read more

EOS Investors Enters Boston With Hyatt Centric Acquisition

EOS Investors has acquired the 163-room Hyatt Centric Faneuil Hall Boston, marking its first investment in the Boston hotel market. The property, which opened in 2019, is located near Faneuil Hall, Quincy Market, and the Freedom Trail in downtown Boston. EOS Hospitality, the firm's affiliated management platform, will take over hotel operations. The company currently manages 69 hotels across the US, including 18 properties in New England. EOS plans to focus on improving the guest experience and commercial performance while expanding its presence in major urban markets. Read more

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Edmond to Welcome Its First New Hotel in Nearly a Decade

Edmond, Oklahoma, is getting a new 98-room Tru by Hilton, marking the city's first hotel development in nearly ten years. The $17 million project is being developed by Winedown LLC in partnership with Hilton and financed by Arvest Bank. Located at 2865 Progressive Drive, near Covell Road and Interstate 35, the hotel is expected to open in early 2028. The development will create an estimated 25 to 30 jobs and bring more visitors to the area's restaurants and attractions. It will become Edmond's 14th hotel and its second-largest property by room count. City officials expect the project to support local tourism and business growth. Read more

Hotel Owners Face Five Financing Changes in 2027

Hotel owners may need to look beyond traditional bank loans as lending conditions remain restrictive. A growing number are turning to debt funds, insurance companies, subordinate financing, and government-backed programs to finance acquisitions and renovations. Commercial Property Assessed Clean Energy (C-PACE) financing is also gaining ground, helping developers reduce equity requirements and borrowing costs. Capital structures are becoming more complex, with preferred equity, tax credits, and government incentives joining conventional debt and equity. Lenders are showing greater interest in select-service and extended-stay hotels, which tend to have lower operating costs. Meanwhile, upcoming debt maturities are pushing more owners toward refinancing, recapitalization, or property sales. Read more

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