Carey Watermark Investors has purchased the 226-room Holiday Inn Manhattan 6th Avenue hotel in New York for about $121.4 million. The sale price includes $8.4 million in acquisition-related costs and investment in property renovations. Carey Watermark secured $80 million in debt to finance the acquisition. Read the HotelsMag.com story here.
2024 Virtual Men’s Round Table & Previous Wrap-Ups
2024 October 2024: The 2024 Virtual Men’s Round Table will be held in Q4, 2024 via Zoom, date TBD.