Monarch Alternative Capital
Hotel Landy, a Tribute Portfolio Hotel, Opens on Orlando’s Universal Boulevard
Monarch Alternative Capital | March 19, 2024
MARCH 19, 2024 - Hotel Landy, a Tribute Portfolio hotel, officially opens its doors today on Orlando’s Universal Boulevard, just minutes away from the city’s premier theme parks, Orange County Convention Center and Orlando International Airport (MCO). The lively property incorporates the distinct character and sense of connection to community consistent among Tribute Portfolio properties, while weaving in elements of movement to reflect Orlando’s consistent hum of energy and to captivate its thrill-seeking guests from check in to check out. Thoughtful amenities and design features inspire perpetual activity, vivid memories and moments...
Hotel Dena, Pasadena Los Angeles, a Tribute Portfolio Hotel Opens in California
HOTEL DENA | September 27, 2023
PASADENA, CA – September 26, 2023 – Hotel Dena, Pasadena Los Angeles, a Tribute Portfolio Hotel has officially opened its doors. The 311-room hotel is designed for those with an imaginative spirit, featuring touchpoints of art, dance, music, and culture. The hotel is ideally located in the heart of downtown Pasadena’s creative scene, just steps from iconic institutions like the Pasadena Civic Auditorium, Pasadena Convention Center, and Old Town Pasadena, and it is only 20 minutes from the Hollywood Burbank Airport. Hotel Dena is part of the Tribute Portfolio – part of Marriott Bonvoy’s global portfolio of 31 extraordinary hotel...
Monarch Alternative Capital Grows Orlando Hospitality Portfolio With Acquisition of Three Hotels
Monarch Alternative Capital LP | July 14, 2022
NEW YORK and LONDON, July 14, 2022 -- Monarch Alternative Capital LP, a leading investment firm with approximately $9.4 billion of assets under management, announced the purchase of three hotels in Orlando, Florida. Given the firm's established reputation within the market, Monarch was able to acquire the newly-built, high quality properties located in Orlando submarkets adjacent to Monarch's existing hotels at a discount to replacement cost in off-market transactions. With these acquisitions, Monarch's hospitality portfolio in Orlando now totals approximately 2,000 keys across seven properties. As the Orlando market continues to...
