aloft
RADCO Hotel Division Acquires the 112-Key Aloft Sugarloaf in Northeast Atlanta, Geogia
The RADCO Companies | October 19, 2022
(Atlanta, GA – October 19, 2022) – The RADCO Companies (RADCO), one of the nation’s leading opportunistic real estate developers, has acquired Aloft Sugarloaf in Atlanta, a newly developed five-story, 112-key hotel located directly off I-85, one of the nation’s busiest interstates. Additional terms of the deal were not disclosed. Monty Levy and Ketan Patel of Hospitality Real Estate Counselors (HREC) brokered the sale. The property, which opened just three weeks ago, will be managed by Hospitality Ventures Management Group (HVMG). Located in the Northeast Atlanta submarket, Aloft Sugarloaf features a pool, fitness center and 24-...
Access Point Financial Provides FF&E Financing for Aloft Omaha Aksarben Village
Access Point Financial | November 23, 2020
Recognized leader in hospitality-focused lending closes loan for the property’s furniture, fixtures, and equipment during construction OMAHA, Neb. - November 23, 2020 – Access Point Financial, LLC (APF), a leading direct lender and specialty finance company focused exclusively on the hospitality industry, today announced the completion of an agreement with Center 60 Hospitality to finance the furniture, fixtures and equipment at the recently built Aloft Omaha Aksarben Village in Omaha, Nebraska. Center 60 Hospitality sourced Access Point Financial to secure a $450,000 loan to finance the hotel's furniture, fixtures, and equipme...
Aloft Chicago Mag Mile Appoints Liz Kraft as General Manager and Brad Krillenberger as Director of Sales and Marketing
Aloft Chicago Mag Mile | August 15, 2018
Chicago, IL – August 15, 2018 – Chicago's newest hotel, Aloft Chicago Mag Mile, is on track for an October 2018 debut. Leading the charge for this highly anticipated opening is the newly appointed executive team, General Manager, Liz Kraft and Director of Sales & Marketing, Brad Krillenberger. This duo comes with extensive Chicago-specific expertise, having spent more than 15 years each working in the hospitality industry in the city of the property with 337 urban-inspired guestrooms and just over 5,000 square feet of state-of-the-art meeting spaces, making this one of the largest Aloft properties. Kraft was most recentl...
Aloft Hotels Unveils ‘Project: Jetson’, the First-Ever Voice Activated Hotel Room
Aloft Hotels | August 25, 2016
Aloft Boston Seaport and Aloft Santa Clara Offer Guests Access to In-Room iPad to Control Temperature, Lighting and More Simply By Using "Hey Siri" STAMFORD, CT — August 25, 2016 – Imagine asking a hotel room to turn up the air conditioning when it gets too hot or to turn on the lights before getting out of bed. Well, the future is here and it just checked in at Aloft Hotels. Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) today unveiled the results of its top secret "Project: Jetson" experiment, and are excited to today debut the first-ever voice activated hotel room, giving guests entirely new ways to intera...
Starwood Partners with Shin Chang Co. for New Aloft Hotel in Seoul, South Korea
Aloft Hotels | May 4, 2016
SEOUL, South Korea-- May 4, 2016 -- Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT) today announced the signing of Aloft Seoul Myeongdong, the second Aloft hotel in Seoul, South Korea. Owned by Shin Chang Co., Ltd., the new-build hotel—slated to open in February 2017— will enliven the local hospitality landscape with its design-led initiatives, tech-forward amenities and buzzing social scene – all catering to the next generation of savvy global travelers. "We are excited to partner with Shin Chang Co., Ltd. in this endeavor, expanding the Aloft brand – and its pioneering initiatives in live music, design...
Starwood Signs with Libertador for Two New Aloft Properties in Lima, Peru Opening in 2018
Aloft Hotels | April 26, 2016
STAMFORD, Conn.- April 26, 2016 - Starwood Hotels & Resorts Worldwide, Inc.® (NYSE:HOT) today announced that its innovative Aloft brand will soon debut in Peru, with two new properties in the country's buzzing capital. Set to open in 2018, Aloft Lima Miraflores and Aloft Lima Costa Verde will bring tech-forward innovation, modern style and a vibrant social scene to Miraflores, the city's most important sector. Both hotels are owned by and managed by Libertador, one the leading hotel groups in Peru. Grupo Libertador also owns and manages three Starwood hotels under The Luxury Collection brand in Cusco, Urubamba and Paracas and Th...
Starwood Signs with PT. Anugrah Karya Bangsa for Aloft Jakarta Simatupang Set to Open January 2020
Aloft Hotels | April 25, 2016
JAKARTA, Indonesia - April 25, 2016 - Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) today announced the signing of Aloft Jakarta Simatupang. Owned by PT. Anugrah Karya Bangsa, the hotel marks the fourth Aloft hotel in Indonesia and the third Aloft in Jakarta. Set to open on 1 January 2020, the hotel will bring its passion for live music and innovation to Indonesia's bustling capital. "We are thrilled to sign another Aloft hotel in Jakarta as we forge ahead with our vigorous expansion plans in Southeast Asia," said Charlie Dang, Regional Vice President, Southeast Asia, Starwood Hotels & Resorts Asia Pacific. "A booming ar...
Starwood’s Element Brand to Open 22 Hotels Across the U.S. and Canada by 2018
Element Hotels | April 25, 2016
STAMFORD, Conn. - April 25, 2016 - Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT) today announced it will significantly expand its Element Hotels portfolio in North America due to soaring demand for the stylish, sustainable brand. On track to more than double its North America footprint over the next three years, Element will open another 22 hotels across the U.S. and Canada by 2018 including debuts in Philadelphia, Charleston and Nashville. "Element Hotels is experiencing unprecedented growth momentum throughout North America, as well as in a number of key global markets, due to the widespread appeal of the brand's distinct l...
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