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AJ Capital Seeks $300 Million to Expand, Pay Debt on Hotels

AJ Capital Seeks $300 Million to Expand, Pay Debt on Hotels
Bloomberg
2/10/2021
Gillian Tan and Patrick Clark
© Photographer: Bloomberg/Bloomberg
A chambermaid prepares a bed in a guest room in this arranged photograph taken inside a Hotel Indigo hotel, operated by InterContinental Hotels Group Plc, in London, U.K., on Thursday, May 8, 2014. InterContinental, the owner of the Holiday Inn and Crowne Plaza brands, said it will pay a special dividend in July after selling the Mark Hopkins San Francisco and an 80 percent stake in the New York Barclay for about $394 million in March.
(Bloomberg) AJ Capital Partners is seeking a strategic partner to supply growth capital and pay down property level debt for Graduate Hotels, a lodging brand focused on serving college campuses. ....

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10+ Luxury Hotels in the U.S. for a Workcation in 2020 – Trips To Discover

12 Luxury Hotels in the U.S. for a Workcation
Our research is editorially independent but we may earn a commission for purchases made through our links.
As remote working becomes more and more popular, workers are warming up to the idea of “workcations”. A combination of work and vacation, workcations allow you to shake up your typical work routine, whether it’s for a single workday or a longer period of time. Hotels have caught on to the idea and have created unique work-from-hotel packages to lure in remote workers looking for a place to escape their home office.
You’ll find added perks such as early and late check-out privileges, in-room office set-ups and executive assistants in addition to the already luxe hotel amenities of outdoor pools, spas and gourmet restaurants. For a much-needed change of scenery, check your emails from one of these top hotels in the U.S. for a workcation. ....

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