Lenders take majority ownership of Aimbridge in debt restructuring dealAimbridge Hospitality has reached a new deal with its lenders, giving majority ownership of the company to its first lien lenders to convert more than $1.1 billion in debt to equity and receive an infusion of $100 million.
CoStar World News for Jan. 16Rising tourism fuels Singapore hotel development; Ozempic maker adds United Kingdom lab space; Developer expands Paris apartment portfolio
Mocktails, non-alcoholic drinks can elevate experiences for many hotel guestsIn this HNN podcast, Karl McElligott, food and beverage director at Olympia Hospitality, talks about the growing popularity — and number of options — of zero-proof drinks that give guests more options when dining or having a night out.