JLL Secures $300M Refinancing for Omni Nashville Hotel

JLL Secures $300M Refinancing for Omni Nashville Hotel

By Manu Vardhan Kannan

Published on January 17, 2025

JLL's Capital Markets group has announced the successful arrangement of a $300 million refinancing for the Omni Nashville Hotel, an 800-key luxury property located in the heart of downtown Nashville. The refinancing was secured on behalf of TRT Holdings, Inc., the hotel’s parent company, through a fixed-rate, seven-year loan facilitated by a U.S.-based insurance company and AllianceBernstein Commercial Real Estate Debt.

A Prime Destination

The Omni Nashville Hotel, a 21-story property seamlessly integrated with the Country Music Hall of Fame and Museum, is celebrated for its prime location at 250 Rep. John Lewis Way South. Opened in 2013, the hotel offers over 80,000 square feet of meeting space, including Nashville's largest hotel ballroom at 23,800 square feet. Its amenities include multiple dining options such as Bob's Steak & Chop House, a rooftop pool, the Mokara spa, and a state-of-the-art fitness center.

Strategic Importance

The property is positioned across from the Music City Center convention facility, which spans 2.1 million square feet. Nashville, one of the top-performing lodging markets in the U.S., draws over 14 million annual visitors, bolstered by both booming tourism and a growing corporate sector.

Expert Insights

Commenting on the financing deal, Kevin Davis, Hotels & Hospitality Group Americas CEO at JLL, said, “The Omni Nashville exemplifies the strength of Nashville's hospitality market, consistently ranking at the top of its competitive set for RevPAR. With its irreplaceable location next to Music City Center and high-quality amenities, the property is well-positioned to continue its market-leading performance as Nashville experiences tremendous growth in both leisure and business travel demand.”

About the Stakeholders

TRT Holdings, Inc., the Dallas-based parent company of Omni Hotels & Resorts, has been a leader in hospitality and real estate since its founding in 1989. AllianceBernstein (AB), a global investment management firm, played an advisory role in securing the loan through Equitable Financial Life Insurance Company.

JLL’s Market Expertise

JLL, a Fortune 500 company and a global leader in commercial real estate and investment management, has a proven track record in delivering tailored capital solutions. With a team of over 3,000 specialists worldwide, JLL continues to shape the future of real estate.

This $300 million refinancing underscores the robust growth trajectory of Nashville’s hospitality sector and reaffirms the Omni Nashville Hotel’s position as a key player in the market.


Alcobrew Distilleries Joins IMWA; Gamber Valley Indian Single Malt Marks Category Milestone

Alcobrew Distilleries Joins IMWA; Gamber Valley Indian Single Malt Marks Category Milestone

By Hariharan U

Published on June 19, 2026

Alcobrew Distilleries India Limited has officially joined the Indian Malt Whisky Association (IMWA), marking a significant step in the company’s entry into India’s fast-growing premium whisky segment. The announcement coincides with the launch of Gamber Valley Indian Single Malt Whisky, the company’s debut single malt expression crafted entirely at its Solan facility in Himachal Pradesh.

With this move, Alcobrew becomes part of a select group of Indian single malt producers under IMWA, an association established to define and uphold strict standards for authenticity, production, and quality in India’s malt whisky category. These standards require the use of 100% malted barley, copper pot distillation, and a minimum three-year maturation in oak barrels within India.

Gamber Valley Indian Single Malt Whisky, available in Private Edition 1 and Vault Series expressions—has been developed in full compliance with these guidelines, reinforcing its positioning as a provenance-driven Himalayan spirit.

Maj Gen (Dr) Rajesh Chopra, Director General of IMWA, welcomed the new member, noting that Alcobrew’s commitment to craft and authenticity aligns with the association’s mission to elevate Indian single malts on the global stage. He highlighted that the category is witnessing strong momentum, with Indian single malts increasingly gaining recognition both domestically and internationally.

Alcobrew joins established names such as Amrut Distilleries, John Distilleries, Radico Khaitan, Piccadily Agro Industries, and Diageo India within IMWA’s membership. Collectively, these producers represent a majority share of India’s single malt market, reflecting the rapid maturation of the segment.

The company’s Chairman and Managing Director, Romesh Pandita, described the IMWA membership as a commitment to quality and global ambition. He emphasised that Gamber Valley is rooted in Himalayan terroir and designed to meet international expectations of premium whisky craftsmanship.

Industry data indicates that Indian single malts have gained strong traction in recent years, with domestic brands surpassing imported Scotch in volume terms in 2024, accounting for more than half of total single malt case sales in India.

Alongside its commercial ambitions, Alcobrew reaffirmed its focus on responsible consumption and consumer education, aligning with IMWA’s broader advocacy for transparency and ethical practices in the spirits industry.

With its entry into IMWA and the launch of Gamber Valley, Alcobrew Distilleries positions itself within a rapidly evolving segment that is reshaping India’s identity in the global whisky landscape


Marriott International Reaches 10,000-Property Milestone with JW Marriott Ranthambore Resort & Spa

Marriott International Reaches 10,000-Property Milestone with JW Marriott Ranthambore Resort & Spa

By Manu Vardhan Kannan

Published on June 18, 2026

Marriott International has announced the opening of its 10,000th property globally, the JW Marriott Ranthambore Resort & Spa in India, marking a significant milestone in the company's journey as it nears its 100th anniversary.

Founded 99 years ago as a small nine-seat root beer stand, Marriott has grown into one of the world's largest hospitality companies, with a portfolio spanning 10,000 properties across 146 countries and territories. The opening of JW Marriott Ranthambore Resort & Spa not only highlights the company's continued global expansion but also reinforces the strength of its luxury portfolio.

Commenting on the milestone, Anthony Capuano, President and CEO, Marriott International, said:

“Marriott was founded 99 years ago as a nine-seat root beer stand, and as of today, has grown into a global portfolio of 10,000 properties spanning 146 countries and territories. I’m immensely proud of this tremendous milestone, made possible by our global teams and the owners who continue to place their trust in Marriott brands.

Marking this accomplishment with a property carrying the JW Marriott brand is especially meaningful given its naming after our co-founder, J. Willard Marriott. He and Alice S. Marriott built an incredible legacy of opportunity, service, and innovation that we’re privileged to carry forward.”

The milestone was celebrated at the newly opened resort in the presence of company leaders and associates, including David Marriott, Chairman of the Board, Rajeev Menon, President, Asia Pacific excluding China (APEC), and the property's owners, Nilesh Gadhiya and the Gadhiya family.

Located near Ranthambore National Park, the JW Marriott Ranthambore Resort & Spa offers a luxury retreat featuring 127 accommodations, including guestrooms, suites, and private villas. Designed to provide an immersive experience, the resort combines nature-inspired experiences with a range of dining options that showcase modern Indian cuisine, regional specialities, and locally inspired botanical cocktails.

The opening further strengthens Marriott International's luxury portfolio, which spans seven luxury brands and nearly 700 properties across 74 countries and territories. The JW Marriott brand itself has now crossed 130 properties worldwide, continuing its growth in key travel destinations.

Alongside this milestone, Marriott has also celebrated several notable openings across its global portfolio. These include The St. Regis Budapest, which marked the brand's debut in Hungary, The Westin Playa Vallarta, an All-Inclusive Resort, the first all-inclusive Westin property in Mexico, Artik Suzhou, Apartments by Marriott Bonvoy, which introduced the brand to Greater China, and StudioRes by Marriott Greensboro Airport, one of the latest additions to Marriott's extended-stay portfolio.

As Marriott International approaches its centenary year, the company continues to expand across segments ranging from luxury to extended stay, while serving the evolving needs of travellers around the world.


India Launches UPI at Galeries Lafayette in France, Expands Global Reach

India Launches UPI at Galeries Lafayette in France, Expands Global Reach

By Hariharan U

Published on June 18, 2026

India has marked a significant milestone in its digital payments expansion with the launch of Unified Payments Interface (UPI) at Galeries Lafayette Nice Massena, one of France’s well-known department stores located in the heart of Nice.

The launch was led by Commerce and Industry Minister Piyush Goyal, who highlighted that the initiative strengthens economic and technological ties between India and France. He noted that the expansion of UPI reflects the growing depth of bilateral cooperation and India’s capability to deliver scalable digital public infrastructure globally.

With this development, UPI is now accepted in nine countries, including Singapore, the United Arab Emirates, France, Mauritius, Nepal, Bhutan, Qatar, Sri Lanka, and Cambodia. The expansion allows Indian travellers to make seamless digital payments abroad using familiar platforms, reducing reliance on cash and international cards.

The integration at Galeries Lafayette Nice Massena, a prominent retail destination in France known for housing over 600 international brands, marks another step in bringing India’s real-time payments system into global retail ecosystems.

Previously, UPI was also launched at iconic international locations such as the Eiffel Tower in Paris, underscoring its gradual but steady integration into global commerce environments.

Officials involved in the initiative, including Lyra Collect and NIPL, emphasized that the rollout demonstrates India’s ability to provide secure, interoperable, and efficient digital payment solutions at scale.

The latest expansion reinforces UPI’s position as one of the world’s most widely adopted real-time payment systems and signals continued momentum in India’s fintech diplomacy and global digital infrastructure leadership.

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