Hard Rock International Nears Completion of Mirage Hotel Acquisition

• Aloft Hotels announced it has arrived in Playa del Carmen, Mexico, marking the third Aloft hotel in the Caribbean.
• Two new hotels are being planned by Performance Capital Partners LLC in Surprise, Arizona. A new dual-brand Marriott TownePlace Suites and Marriott Fairfield Inn & Suites.
• MCR acquired the Hyatt Place Miami Airport East in Miami, FL, marking the company’s ninth hotel in Florida and its first Hyatt hotel.

The DJIA rose 92 points, Nasdaq was up a point, the S&P 500 was up 4 points and the 10-year treasury yield jumped another .10 to 3.68%. Lodging stocks were modestly higher. VCSA traded down to a new low while MCG was down -6%. Aloft Hotels announced it has arrived in Playa del Carmen, Mexico, marking the third Aloft hotel in the Caribbean region. Aloft Playa […]