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Tag : acquisition

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Avison Young Closes 260 Million YTD 2019

April 11, 2019

ATLANTA – April 11, 2019 – Avison Young Hospitality Group announced today the firm closed on its 15th hotel transaction of the year with year to...

146-Room, Limited-Service, Quality Inn Hotel Will Be Auctioned on RealINSIGHT Marketplace

April 9, 2019

VIRGINIA—April 10, 2019—RealINSIGHT Marketplace and Berkadia are pleased to present the Quality Inn Collinsville, a 146-room, limited-service hotel...

Gayle Benson, Partners Buy New Orleans’ Hyatt Regency; 1st Local Owners of Landmark Hotel

Anthony Mcauley | The Advocate, Baton Rouge, La. | April 5, 2019

April 05-- Apr. 5--New Orleans Saints and Pelicans owner Gayle Benson is purchasing the Hyatt Regency Hotel near the Mercedes-Benz Superdome, adding another...

Wexford Lodging Advisors & Trinity Private Equity Group Complete JV Acquisition of 138-Suite DoubleTree Suites Hotel Nashville Airport

April 3, 2019

JV to Invest $2.5 Million to Upgrade Hotel  NASHVILLE, Tenn.—April 3, 2019 --Officials of Wexford Lodging Advisors, a leading hotel asset...

AVR Realty Affiliate Acquires AC Hotel San Jose for $95.4 Million

George Avalos | Mercury News | April 1, 2019

April 01-- Apr. 1--SAN JOSE -- An affiliate of AVR Realty, based in Yonkers, a city about 11 miles from Manhattan, has bought the AC Hotel San Jose, which is...

Twin River Completes Dover Downs Acquisition and NYSE Listing

March 29, 2019

LINCOLN, R.I., March 29, 2019 -- Twin River Worldwide Holdings (NYSE: TRWH) announced today that it completed its acquisition of Dover Downs Gaming &...

Park Hotels & Resorts Inc. Completes Sale of the Hilton Nuremberg for $17.5 Million

March 28, 2019

TYSONS, Va.--March 28, 2019 --Park Hotels & Resorts Inc. (“Park”) (NYSE:PK) today announced that it has closed on the sale of the 152-room...

Helix Hospitality Acquires Hampton Inn by Hilton - Wausau, Wisconsin

March 25, 2019

March 25, 2019 (CHICAGO, IL) -  Helix Hospitality, a Chicago based hotel group with properties throughout the United States, is pleased to announce the...

Paramount Lodging Advisors Arranges the Sale of the DoubleTree by Hilton – Pruneyard Plaza Hotel in Campbell/San Jose California

March 22, 2019

Paramount Lodging Advisors (PLA) is pleased to announce the successful sale of DoubleTree by Hilton Campbell – Pruneyard Plaza, located at 1995 Bascom...

Apple Hospitality REIT Acquires Home2 Suites by Hilton Orlando Airport for $20.7 Million or $162K per Key

March 20, 2019

RICHMOND, Va.--March 20, 2019 --Apple Hospitality REIT, Inc. (NYSE: APLE) (the “Company” or “Apple Hospitality”) today announced the...

Queensgate Investments Acquires Four Grange Hotels for GBP 1B (US 1.3B)

March 15, 2019

[London: 15 March 2019]: Queensgate Investments has completed the acquisition of the Grange St Paul’s EC4, Grange Tower Bridge E1, Grange City EC3, and...

Cambridge Landmark Acquires Former Sheraton Downtown Philadelphia From The Blackstone Group

March 13, 2019

MIAMI, March 13, 2019 -- Cambridge Landmark, a hotel-focused private equity company, recently announced that it has closed on the acquisition of the former...

Shiji Group Acquires Majority Ownership of Hisense Intelligent Commercial Systems

March 4, 2019

(4 March, 2019, Beijing) Shiji Group announced today that its subsidiary, Shiji Commercial Information Technology Co., Ltd., successfully completed the...

Fornova Acquires HotelsBI to Provide Full Suite of Business and Distribution Intelligence Solutions for Hotels Worldwide

March 4, 2019

LONDON and Tel Aviv, March 4, 2019 – Fornova announced that it is acquiring Tel Aviv-based business intelligence provider HotelsBI. The acquisition...

Avison Young Hospitality Group Recent Closing

February 28, 2019

ATLANTA – February 28, 2019 – Avison Young Hospitality Group in association with Metropolis Property Group announced today the closing of the...

Ashford Trust Completes Acquisition of the Hilton Santa Cruz/Scotts Valley for $50 Million

February 27, 2019

DALLAS, Feb. 27, 2019 --  Acquisition Highlights: High-quality, full-service hotel located in the growing and high barrier-to-entry Santa Cruz,...

Ashford Hospitality Trust Selects Remington Hotels to Manage 178-Room Hilton Santa Cruz/Scotts Valley

February 27, 2019

DALLAS, TX (Feb. 27, 2019) – Remington Hotels, a leading hotel management company, this week takes over the management of Hilton Santa Cruz/Scotts...

Liaison Washington Capitol Hill Acquired by Metrovest Equities and BLDG Management With YOTEL to Take Over Management

February 26, 2019

LONDON and WASHINGTON, Feb. 26, 2019  -- Today YOTEL announced the acquisition of the Liaison Washington Capitol Hill hotel by partners Metrovest Equities...

Oxygen Hospitality Acquires Wyndham Garden Phoenix Midtown; Renovation Planned

February 20, 2019

Phoenix, Ariz., Feb. 20, 2019 -- Oxygen Hospitality Group, Inc., an owner-operator hospitality management company, today announced it has made its foray...

Best Western® Hotels & Resorts Acquires WorldHotels

February 18, 2019

Phoenix, AZ (February 18, 2019) – Best Western® Hotels & Resorts announced today it has acquired renowned global hotel brand WorldHotels™...

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