AVANA and IHG Launch Co-Lending Construction Program to Fuel US Hotel Development
Intercontinental Hotels Group American Depositary Shares (Each representing one Ordinary Share) (IHG)
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Source: Business Wire
GLENDALE, Ariz.--(BUSINESS WIRE)--AVANA Companies, a direct lender specializing in commercial loans, announces a new co-lending construction program with IHG Hotels & Resorts, one of the world's leading hotel companies. This collaborative initiative aims to accelerate U.S. hotel development within the IHG brand family. Hotel owners and developers seeking to build or convert properties under select IHG brands can apply for these loans, providing a crucial lifeline in a challenging lending environment.The program offers a borrower-friendly alternative to standard financing through a competitively priced blended rate. It addresses financial hurdles in today's hotel investment landscape, where traditional lenders have tightened their criteria. AVANA a
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- InterContinental Hotels Group PLC (NYSE: IHG) is now covered by analysts at Citigroup Inc.. They set a "sell" rating on the stock.MarketBeat
- Kimpton Seafire Resort + Spa Named Five-Star Hotel In Forbes Travel Guide's Star Awards For Third Year In A RowPR Newswire
- IHG Hotels & Resorts marks 50 years since entering Greater China and celebrates over 800 open hotels in the regionPR Newswire
IHG
Sec Filings
- 3/28/25 - Form 6-K
- 3/26/25 - Form 6-K
- 3/21/25 - Form 6-K
- IHG's page on the SEC website