• Finance & Development
      • Finance
      • Development
      • Acquisitions
      • Real Estate
      • Market Reports
      • New Hotel Openings
      • Technology
      • Education
      • Operations
      • Housekeeping
      • Revenue Strategies
      • Smart Strategies
      • Sales & Marketing
      • Sustainability
      • F&B / FF&E
      • Architecture & Design
      • Design Trends
      • Renovations
      • Guest Experience
      • Amenities
      • Loyalty
      • Guest Relations
      • Wellness
      • Industry Happenings
      • Appointments/People on the Move
      • HITEC
      • Today's News
      • Other News
      • Coronavirus
      • Hotel Recovery
      • All Things Independent
      • SUBSCRIBE

      • READ ALL NEWS

      • CAREER CENTER

      • EVENTS

      • Submit Content

      • Media Kit

Skip to content
TwitterVimeoInstagram
1.555.555.555|info@domain.com
Hotel-Online Logo Hotel-Online Logo
Subscribe Industry Resources Career Center Daily Newsletter

hotel acquisition

Home/Tag: hotel acquisition

hotel acquisition

hotel acquisition

NewcrestImage Sells AC Hotel by Marriott in Phoenix, Acquires Sinclair Hotel in Fort Worth

NewcrestImage | September 7, 2021

NewcrestImage has concluded two major hotel transactions -- a sale and an acquisition. The Dallas-based company sold its 199-room, 13-floor AC Hotel at Arizona Center in downtown Phoenix to Arbor Lodging Properties, a Chicago-based hotel investment and management firm.  The hotel opened in February of this year as a joint venture with Las Vegas-based LaPour Properties and Atlanta-based Peachtree Hotel Group. In a separate transaction, NewcrestImage acquired the historic 164-room, 17-floor Sinclair Hotel in downtown Fort Worth, which is a luxury property in Marriott’s Autograph Collection.  The hotel’s features include a fine dinin...

H.I.G. Capital Acquires Landmark Resort Hotel in Norway

H.I.G. Capital | March 30, 2021

LONDON - March 30, 2021 - H.I.G. Capital, LLC ("H.I.G."), a leading global alternative investment firm with over €36 billion of equity capital under management, announced today that an affiliate has recently completed an investment in Hotel Ullensvang, a 170-key upscale waterside resort located in Norway’s Hardangerfjord. An institution in the Norwegian hotel market, the resort is set in stunning landscape surroundings with views of the fjord and Folgefonna glacier. Terms were not disclosed. Riccardo Dallolio, Managing Director and Head of H.I.G. Europe Realty in London, commented: “Hotel Ullensvang is an excellent addition to our ex...

Crescent Hotels & Resorts Adds DoubleTree by Hilton Bloomfield Hills Detroit

Crescent Hotels & Resorts | March 25, 2021

Detroit, MI – March 25, 2021 – Crescent Hotels & Resorts has added the DoubleTree by Hilton Bloomfield Hills Detroit to its award-winning suite of major hotels and resorts. The hotel, formerly known as the Kingsley Inn, underwent a stunning renovation and reopened under its new brand in 2018. Now, its elegant atmosphere will be further enhanced with the Crescent stamp of luxury. Crescent, based in Fairfax, Virginia operates more than 100 hotels and resorts in the United States and Canada. Part of the landmark hotel’s upgrade includes a two-story expansive atrium lobby, featuring sweeping natural light. The space lends itself well...

MCR Acquires Dual-Branded Tru and Home2 Suites by Hilton Near Nashville Superspeedway

MCR | March 23, 2021

NEW YORK - March 23, 2021 - The ultimate pit stop! MCR, the fourth-largest hotel owner-operator in the United States, has acquired the 167-room dual-branded Tru by Hilton Smyrna Nashville and Home2 Suites by Hilton Smyrna Nashville in Tennessee. The hotels are located less than 10 miles from the Nashville Superspeedway, the internationally renowned motor racing complex with the oldest continually operating track in the United States. On Saturday, June 19, the track hosts the NASCAR Xfinity Series race, its first NASCAR event since 2011. And for the first time in 40 years, the NASCAR Cup Series comes to Middle Tennessee with the Ally 400 ra...

Soul Community Planet Acquires Hawaii’s 138-Room Hilo Seaside Hotel

Soul Community Planet | March 19, 2021

SAN JUAN CAPISTRANO, CA - March 19, 2021 - Soul Community Planet (SCP) has announced the purchase of the 138-room Hilo Seaside Hotel, located in Hilo, Hawaii. The hotel will undergo a $4.6 million renovation and reopen as the SCP Hotel Hilo on June 1, 2021. Steeped in the rich Hawaiian tourism legacy of the William and Matilda Wassman Kimi family and their six children, the 2.23-acre seaside property was founded by Hawaiian native and tourism visionary Richard Kimi in 1956 and was continually operated by the Kimi family until this acquisition. Under the family’s management, the Hilo Seaside Hotel cultivated a deep spirit of Aloha, and be...

Hawkeye Hotels Closes Three Acquisitions in Midwest, Sunbelt Regions

Hawkeye Hotels | March 18, 2021

This week Iowa-based Hawkeye Hotels acquired Fairfield Inn & Suites in Cambridge, Ohio, for an undisclosed sum, days after closing on the acquisition of Aloft Oklahoma City Downtown -- Bricktown. These are the company’s second and third acquisitions of 2021. In January, Hawkeye Hotels acquired the Staybridge Suites in Lafayette, Louisiana. Hawkeye Hotels continues to actively seek new opportunities to grow its portfolio and looks forward to expanding further in these regions in the coming years. “Despite all the challenges that we have had to navigate as an industry over the last 12 months, Hawkeye Hotels is positioned to continue s...

Hospitality Lodging Systems Adds Two Wisconsin AmeriVu Properties

March 9, 2021

March 9, 2021 - The AmeriVu brand continues to grow with the addition of two hotels in Wisconsin – a 50-room former Super 8 in Shawano, about 40 miles northwest of Green Bay, and a 47-room former independent in Saint Croix, about 55 miles northeast of Minneapolis-St. Paul. “After a year of economic pain in 2020, hotel owners are ready for the return to more stable, more profitable results that our three brands deliver,” said Doug Collins, Chairman and CEO of Hospitality Lodging Systems (HLS), which offers the AmeriVu brand along with Budgetel and Haven Hotel. “In today’s financial environment, owners are drawn to our unlimited...

Sonnenblick-Eichner Company Arranges $30,500,000 of First Mortgage Financing for Little Palm Island Resort & Spa, Florida Keys, Florida

Sonnenblick-Eichner Company | January 12, 2021

Beverly Hills, California – – Sonnenblick-Eichner Company announced today that it has arranged $30,500,000 of interim first mortgage financing for Little Palm Island Resort & Spa, an iconic 30-suite, full service, luxury resort located in Little Torch Key, Florida. The loan refinanced a recently matured fixed rate loan and closed within 30 days of application. Mast Capital and RWN Management provided the financing. The Resort is located on an exclusive 4.12-acre private island in the world famous Florida Keys.  Accessibility to the Resort is by private boat from Little Torch Key, located approximately 3 miles to the north.  Am...

Archive- Last 30 Days
  • 1 of 13
  • 1
  • 2
  • 3
  • …
  • 13
  • Next »
  • 1

    Technology

    Agilysys

  • 2

    Operations

    The BEST WESTERN PLUS Bayside Opens

  • 3

    Market Reports

    HVS Beijing Releases the China Hote

  • 4

    Industry Happenings

    Sol Kerzner, Founder and Chairman o

  • 5

    All Things Independent

    Sol Kerzner, Founder and Chairman o

  • More >>>

Today's News
Move Over COVID, the Business Travel Industry Tackles New Considerations on Its Continued Road to Recovery
Carillon Miami Wellness Resort Improves Speed of Service and Increases Revenue With Beachy’s 5G Mobile POS Solution
STR: U.S. Hotel Results for Week Ending 18 June
Hard Rock Partners With GEK TERNA Group to Develop Hard Rock Hotel & Casino Athens

Subscribe to the one-and-only
Hotel-Online!

As the first news aggregate for the hotel industry, Hotel-Online is the industry’s must-read daily news source for everything hotel curated for busy professionals. Sign up today for industry news delivered to your inbox.

TOPICS

  • - Top Read
  • - New Hotel Openings
  • - Real Estate
  • - Finance
  • - Technology
  • - F&B/FF&E
  • - Industry Resources
  • - Operations
  • - Architecture & Design
  • - Industry Happenings
  • - CoronaVirus
  • - All Things Independent

Contact

  • Hotel Online
  • 70 Mansell Court, Suite 225
  • Roswell, GA 30076
  • (678) 802-5308
  • [email protected]

about us

  • About Us
  • Terms and Conditions
  • Privacy Policy
  • FAQ
  • Submit Content
  • Media Kit
  • Events
©Copyright 2019 | Hotel-Online.com | All Rights Reserved
Do NOT follow this link or you will be banned from the site!