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.
Georgia DOT joins 11 states requiring e-Ticketing in 2026
The Georgia Department of Transportation (GDOT) has launched a statewide e-Ticketing initiative—starting in 2026, all contractors will be required to use e-Ticketing under Section 110 of GDOT specifications. As a first step,