Trailborns trade; financing for Moxy Menlo Park; G6 pulls back from AAHOA
Trailborns in Colorado trade. Hospitality investment and development company Storie Co., in partnership with Cleveland-based real estate investment firm GBX Group, completed the acquisition of Trailhead Lodge Rocy Mountains and The Outpost Rocky in Estes Park, Colorado. Following the transaction, Storie Co. hired Leisure Hotels & Resorts for operational management, with the properties rebranding from their former Trailborn identities to Trailhead Lodge Rocky Mountains and The Outpost Rocky Mountains. Storie Co. intends to develop eight additional cabins on the site to support extended stays, particularly during peak visitation periods. Looking ahead, ownership is also preparing for the anticipated impact of the Sundance Film Festival’s planned transition to Boulder, which is expected to further elevate regional demand and national visibility.
Financing for Moxy Menlo Park. Bayview Commercial Mortgage Finance has closed $66.3 million in combined financing for the new 163-room Moxy Hotel in Menlo Park, California, being developed by Menlo Park Hotel Group (a joint venture of Nexera Capital and Titan Management) and anticipated to open in January 2028 next to Meta headquarters and Snowflake’s new 773,000 square-foot Bay Area headquarters. The financing consists of $30.2 million in C-PACE funding and $36.1 million in construction financing. JLL Capital Markets facilitated the transaction for the seven-story, Marriott-flagged hotel.
Biggest voco in Americas. IHG Hotels & Resorts’ voco hotels brand has opened its biggest properties in the Amercas, the voco Times Square – Broadway, joining two exist vocos in the city. voco Times Square – Broadway, at the intersection of Seventh Ave. and West 48th St., opens as a 32-story hotel with 419 guest rooms. IHG said the hotel is one of the final new-build developments approved in this landmark neighborhood. Across the globe, there are 124 voco hotels open and operating, with an additional 108 in the development pipeline.
G6 pulls back from AAHOA. G6 Hospitality is reportedly stepping back from its current level of engagement with AAHOA with plans to expand its connection with the AH&LA as well as regional associations focused “on practical owner issues such as insurance costs, local regulation, labor availability and safety initiatives.” In a letter to franchisees, G6 CEO Sonal Sinha said a recent review of the AAHOA relationship found that their interests were no longer as aligned and that the AH&LA advocates more based on the operating realities of economy and extended-stay lodging. Sinha added that G6, the parent company of the Motel 6 and Studio 6 brands, remains open to future collaboration with AAHOA should alignment improve.
Rare Find for Kerzner. Kerzner International Holdings Ltd. has assumed management of Shamwari Private Game Reserve in Eastern Cape, South Africa, owned by Investment Corporation of Dubai, effective April 1, 2026. In addition to the reserve’s Hospitality Division, Kerzner will also manage the sales Shamwari Air, the property’s dedicated private aviation service. The Reserve will join Kerzner’s Rare Finds portfolio committed to distinctive, conservation-led destinations across Africa. Joe Cloete will continue to lead the team at Shamwari Private Game Reserve. He has been with the property for 34 years.
Deicorp adding AC in Sydney. Australian property developer Deicorp Partners, with operator Trilogy Hotels and franchisor Marriott International, will launch Sydney’s First AC by Marriott Hotel in late 2027 near Hyde Park and Museum Station. The 104-room property will be part of the Hyde Metropolitan mixed-use tower featuring 169 residences. The AC brand has more than 250 hotels worldwide and a further 180 in the pipeline. Independent hotel management company Trilogy Hotels currently manages 18 investment-grade hotels across Australia.
Indigo to Phuket. IHG Hotels & Resorts has signed the Hotel Indigo Phuket Nai Yang Beach in Thailand in partnership with AssetWise Public Co. and its subsidiary Rhom Bho Property Public Co. Ltd. Opening in 2030, the 170-key hotel add to more than 190 open hotels and over 130 properties in the Indigo development pipeline. The signing of Hotel Indigo Phuket Nai Yang Beach extends IHG’s partnership with AssetWise to two upcoming projects in Phuket – joining voco Phuket Bangtao, both currently in the design and construction stage. The hotel will join 37 other properties in IHG’s development pipeline in Thailand, which is set to extend the company’s presence in the country to more than 80 hotels within the next three to five years.
New Ryman note. Ryman Hospitality Properties subsidiaries, RHP Hotel Properties, LP and RHP Finance Corp., intend to offer, in a private placement, subject to market and other conditions, $700 million aggregate principal amount of senior notes due 2034. The notes will be senior unsecured obligations of the Issuers and guaranteed by Ryman and its subsidiaries that guarantee the Operating Partnership’s existing credit facility and the Issuers’ outstanding senior unsecured notes. The Issuers intend to use the net proceeds of the offering, together with available cash, to redeem in full the Issuers’ 4.750% senior notes due 2027 , including accrued and unpaid interest on the 2027 notes and related fees and expenses.
Originally published on hotelinvestmenttoday