DoubleTree

DVCon U.S. 2024 Announces Stuart Sutherland Best Paper & Best Poster Winners & Conference Highlights

Retrieved on: 
Tuesday, March 19, 2024
Shift, Infineon Technologies, Algorithm, Conference, Nvidia, UVM, Lens, PSS, Working Group, DoubleTree, Verification, Ford Motor Company, Human, Formal, Accellera, Functional, Texas Instruments, Exhibition, Paper, Cadence Design Systems, Poster, AMD, Automotive industry

The 2024 Best Paper and Poster winners, as voted on by attendees, were announced during a reception in the exhibit hall on March 6.

Key Points: 
  • The 2024 Best Paper and Poster winners, as voted on by attendees, were announced during a reception in the exhibit hall on March 6.
  • Overall attendance for DVCon U.S. 2024 was approximately 975, including attendees from 25 exhibiting companies.
  • “It was really an exciting time to be back at DVCon U.S.,” stated Tom Fitzpatrick, DVCon U.S. 2024 General Chair.
  • For the second consecutive year, the Poster Ninja Warrior Session determined the Stuart Sutherland Best Poster Award winners.

DoubleTree by Hilton Hartford and The Revel Apartments Celebrate Grand Opening with Ribbon-Cutting Ceremony

Retrieved on: 
Thursday, March 14, 2024
Other Travel, Commercial Building & Real Estate, Lodging, Construction & Property, REIT, Travel, Hilton Hotels & Resorts, XL Center, Culture, Partnership, DoubleTree, History, Private sector, Senior, CRDA, Heart, Capital Region Development Authority, Multimedia, Collection, State, Hotel

The DoubleTree by Hilton Hartford and The Revel Apartments, a premier mixed-use development, today celebrated its grand opening with a ribbon-cutting ceremony.

Key Points: 
  • The DoubleTree by Hilton Hartford and The Revel Apartments, a premier mixed-use development, today celebrated its grand opening with a ribbon-cutting ceremony.
  • The ceremony was attended by distinguished guests, including Ned Lamont, Governor of Connecticut; Arunan Arulampalam, Mayor of Hartford; and William Fortier, Senior Vice President – Development, Americas, Hilton.
  • View the full release here: https://www.businesswire.com/news/home/20240314646508/en/
    The ribbon is officially cut at the DoubleTree by Hilton and The Revel Apartments in Downtown Hartford.
  • "We are proud to unveil the DoubleTree by Hilton Hartford and Revel Apartments to the community.

DoubleTree by Hilton Hotel Tulsa Downtown Completes Multi-Million Dollar Renovation

Retrieved on: 
Monday, April 1, 2024
Cox Business Convention Center, DoubleTree, Target Corporation, Restaurant, Bed, Relaxation, Television, Pantry, Interior design

TULSA, Okla., April 1, 2024 /PRNewswire/ -- DoubleTree by Hilton Hotels Tulsa Downtown , comprised of 411 guestrooms and suites connected by sky bridge to the Cox Business Convention Center as its headquarter hotel, announces the completion of an extensive $7 million renovation.

Key Points: 
  • TULSA, Okla., April 1, 2024 /PRNewswire/ -- DoubleTree by Hilton Hotels Tulsa Downtown , comprised of 411 guestrooms and suites connected by sky bridge to the Cox Business Convention Center as its headquarter hotel, announces the completion of an extensive $7 million renovation.
  • "Our approach with this renovation was very intentional," said, Charles DiClemente, general manager.
  • "We have thoughtfully integrated a combination of comfort and sophistication in every detail of the $7 million renovation.
  • Adjacent to registration, Made Market Pantry offers fresh salads, sandwiches, fruit cups, parfaits, breakfast pastries, assortment of bottled beverages and toiletry items.

Zum, winner of $75M contract with Reading School District, hosts a school bus driver hiring event

Retrieved on: 
Tuesday, March 26, 2024
Culture, Pennsylvania State University, Great Places, DoubleTree, School, ZUM, Transport, Student, Safety, Nursing

REDWOOD CITY, Calif., March 26, 2024 /PRNewswire/ -- Zūm, Reading School District's new transportation partner beginning in the 2024-25 school year, will host a hiring event on Thursday, March 28, from 9 a.m. to 6 p.m. at DoubleTree by Hilton Reading (701 Penn St., Reading, Pa., 19601). Certified bus drivers and attendants/monitors – as well as those considering a new career who have yet to be certified – are encouraged to attend.

Key Points: 
  • Certified bus drivers and attendants/monitors – as well as those considering a new career who have yet to be certified – are encouraged to attend.
  • "Zum has solved bus driver shortages in many of the districts that we serve, which brings peace of mind to families and schools."
  • "Everyone is welcome at Thursday's hiring event, and we are excited to build a top-notch team."
  • If you're interested in driving or know someone interested that cannot attend one of Zum's hiring events, please apply here .

Sotherly Hotels Inc. Reports Financial Results for the Fourth Quarter Ended December 31, 2023

Retrieved on: 
Wednesday, March 6, 2024
FFO, Pressure, ADR, Growth, Sale, Toronto-Dominion Bank, Loan, RevPAR, Lung compliance, Venture round, House, Tax, Forgiveness, DoubleTree, Creditor, Insurance, Depreciation, Partnership

Total revenue was approximately $42.1 million and $41.3 million, for the three month periods ended December 31, 2023 and 2022, respectively.

Key Points: 
  • Total revenue was approximately $42.1 million and $41.3 million, for the three month periods ended December 31, 2023 and 2022, respectively.
  • For the twelve-month period ending December 31, 2023, total revenue increased to approximately $173.8 million, from approximately $166.1 million during the comparable period in 2022.
  • Hotel EBITDA decreased to approximately $10.3 million for the three months ended December 31, 2023, from approximately $11.9 million during the comparable period in 2022.
  • Dave Folsom, President and Chief Executive Officer of Sotherly Hotels Inc., commented, "In the fourth quarter, we continued to see improvements in overall hotel performance metrics.

DVCon U.S. 2024 Announces Keynote Speakers & Panel Focused on Generative AI

Retrieved on: 
Thursday, February 15, 2024
Shift, Automotive industry, Siemens EDA, ARM, Ford Motor Company, FSS, PWG, Texas Instruments, Conference, Accellera, Best, Hilton Hotels & Resorts, Ford, Sasuke (TV series), DoubleTree, Chair, Working Group, Cadence Design Systems, Artificial intelligence, NVIDIA, Cryptocurrency

GAINESVILLE, Fla., Feb. 15, 2024 (GLOBE NEWSWIRE) -- The 2024 Design and Verification Conference and Exhibition United States (DVCon U.S.), sponsored by Accellera Systems Initiative, announced today that there will be two keynote speakers for attendees this year as well as a panel focused on generative Artificial Intelligence (AI).

Key Points: 
  • GAINESVILLE, Fla., Feb. 15, 2024 (GLOBE NEWSWIRE) -- The 2024 Design and Verification Conference and Exhibition United States (DVCon U.S.), sponsored by Accellera Systems Initiative, announced today that there will be two keynote speakers for attendees this year as well as a panel focused on generative Artificial Intelligence (AI).
  • DVCon U.S. 2024 will be held March 4-7 at the DoubleTree by Hilton Hotel in San Jose, California.
  • The first keynote, “ Addressing the Evolving Landscape of Automotive SoCs ,” will be held on Tuesday, March 5 at 1:30 pm.
  • ’” This panel invites participants to share and discuss their perspectives, experiences, insights, and apprehensions regarding the role of generative AI in verification.

As UNITE HERE Local 11 Launches “Shamebridge” Boycott, Aimbridge Hospitality Loses Second Operating Agreement at LA Hotel

Retrieved on: 
Tuesday, January 30, 2024
Advocacy Group Opinion, Labor, Lodging, Public Policy, Government, Travel, Union, Action Replay, Growth, Pressure, Restaurant, Safety, University, IPO, DoubleTree, Acquisition, Sale, Airport, Advent, Eye, UNITE, Aimbridge Hospitality

During the same week, on January 25, the Union received notification from the ownership of the DoubleTree property in San Pedro that effective February 19, Remington Hospitality would become the operator at the hotel.

Key Points: 
  • During the same week, on January 25, the Union received notification from the ownership of the DoubleTree property in San Pedro that effective February 19, Remington Hospitality would become the operator at the hotel.
  • This follows Aimbridge’s loss of an operator role at another major hotel in the area–the Le Merigot Santa Monica–last August.
  • Dubbed “Shamebridge” by its employees, Aimbridge has been embroiled in controversy since the beginning of the Southern California hotel strike.
  • Following private equity firm Advent International’s 2019 acquisition of Aimbridge, industry analysts and credit ratings agencies have expressed concerns about C-suite turnover , overly-aggressive growth and credit .

DOUBLETREE SUITES BY HILTON ORLANDO-DISNEY SPRINGS® AREA DEBUTS MULTI-MILLION DOLLAR UPGRADE

Retrieved on: 
Tuesday, January 30, 2024
Travel, Lounge, LCD, Orange County Convention Center, Walking, Wi-Fi, Evergreen, Walt Disney, DoubleTree, Privacy, Orlando International Airport, Texture

ORLANDO, Fla., Jan. 30, 2024 /PRNewswire/ -- DoubleTree Suites by Hilton Orlando-Disney Springs Area has completed a multi-million-dollar renovation to its 236 all-suite property located at 2305 Hotel Plaza Boulevard, convenient to the Orlando International Airport, the Orange County Convention Center, and Orlando's world-class theme parks.

Key Points: 
  • Texture provides the base backdrop of visual interest including limestone and coral as the primary architectural materials.
  • "DoubleTree Suites by Hilton Orlando-Disney Springs Area takes pride in providing our guests with a memorable travel experience complemented by the latest innovations in design and amenities in hospitality," said Craig Williams, general manager.
  • Owned by RLJ Lodging Trust and managed by Hilton, DoubleTree Suites by Hilton Orlando-Disney Springs Area offers newly renovated, spacious suites featuring a living area with a sofa bed, dining area, separate bedroom, and a sliding barn door for privacy.
  • In addition, guests can enjoy all the comforts of home with amenities including a microwave, refrigerator, Wi-Fi access, LCD HDTVs, in-room safe, and a modern bathroom.

Peachtree Group Approaches $750 Million in CPACE Financing

Retrieved on: 
Monday, January 29, 2024
REIT, Lodging, Commercial Building & Real Estate, Construction & Property, Travel, Multimedia, Head, Mortgage Bankers Association, DoubleTree, PACE, Commercial property, Commercial, Renewable energy

In December, Peachtree Group achieved a significant milestone by securing $150 million in Commercial PACE (CPACE) financing, approaching $0.75 billion completed since its inception in 2019.

Key Points: 
  • In December, Peachtree Group achieved a significant milestone by securing $150 million in Commercial PACE (CPACE) financing, approaching $0.75 billion completed since its inception in 2019.
  • For the year, Peachtree Group completed 23 commercial property assessed clean energy financing transactions across the U.S. for a total of approximately $250 million in directly originated and balance-sheet funded CPACE financing.
  • View the full release here: https://www.businesswire.com/news/home/20240129381284/en/
    In December, Peachtree Group achieved a significant milestone by securing $150 million in Commercial PACE (CPACE) financing, approaching $0.75 billion completed since its inception in 2019, including for the Thompson, Palm Springs, Calif. (rendering pictured).
  • “CPACE has been a game-changer by offering a unique advantage over other forms of financing with its long-term, fixed-rate financing that lowers the project's cost of capital,” Schlosser said.

KBRA Assigns Preliminary Ratings to Benchmark 2024-V5

Retrieved on: 
Tuesday, January 16, 2024
Professional Services, Environmental, Social and Governance (ESG), Data Analytics, Other Professional Services, Insurance, Finance, CMBS, KBRA, Tysons Corner Center, KLTV, Probability, DoubleTree, Northern Virginia, MD

KBRA is pleased to announce the assignment of preliminary ratings to 14 classes of Benchmark 2024-V5, an $884.8 million CMBS conduit transaction collateralized by 36 commercial mortgage loans secured by 102 properties.

Key Points: 
  • KBRA is pleased to announce the assignment of preliminary ratings to 14 classes of Benchmark 2024-V5, an $884.8 million CMBS conduit transaction collateralized by 36 commercial mortgage loans secured by 102 properties.
  • The collateral properties are located throughout 28 MSAs, of which the three largest are New York (18.5%), Detroit (9.6%), and Washington – NoVA – MD (8.4%).
  • The pool has exposure to most property types, with five types representing more than 10.0% of the pool balance: multifamily (29.2%), retail (26.7%), industrial (15.8%), lodging (12.3%), and self-storage (10.7%).
  • KBRA capitalization rates were applied to each asset’s KNCF to derive values that were, on an aggregate basis, 36.5% less than third party appraisal values.