hotel transactions

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hotel transactions

Avison Young Announces Recent 2019 Closings

Avison Young | August 21, 2019

ATLANTA – August 21, 2019 – Avison Young Hospitality Group announced that the firm recently closed seven hotel transactions ranging from a full service Marriott hotel to select service properties located from California to Vermont. Additionally, the firm expects to close six transactions over the next five weeks and 25 transactions throughout the 3rd and 4th quarter of 2019....

Avison Young Announces Recent Closings

Avison Young | June 27, 2019

ATLANTA – June 27, 2019 – Avison Young Hospitality Group announced that over the last several weeks the firm has closed a Marriott hotel in Pennsylvania, a select service hotel in DC and a resort hotel with golf in the northeast. The firm has 28 hotels under sale agreement with closings scheduled over the coming months and has closed 392 hotels since 2013....

Avison Young Announces Recent Closings

Avison Young | May 21, 2019

ATLANTA – May 22, 2019 – Avison Young Hospitality Group announced the firm closed four hotel transactions over the past 4 weeks. The properties consist of a resort hotel in Lake Tahoe, a full-service hotel in Louisianan, an all suites hotel in the upper Midwest and a limited service hotel in Virginia Beach. The clients represented consists investment funds, a CMBS servicer and a brand franchisor. Since 2013, the Avison Young Hospitality Group has closed 106 Marriott branded hotels, 72 Hilton branded assets, 50 IHG branded assets and 163 historic, upscale boutique, resort and other branded hotels. ...

Avison Young Hospitality Group Announces Recent Closings

Avison Young | April 2, 2019

ATLANTA – April 3, 2019 – Avison Young Hospitality Group announced today the firm closed five hotel transactions in the month of March. The properties include two west coast boutique properties, a Hampton Inn in Pennsylvania, an hotel on the national historic registry in the southeast and a very exclusive resort in New England. The firm has seven transactions closing over the 20 days representing an upscale Marriott branded hotel north of Washington DC, a select service hotel in the Midwest, a resort hotel on the west coast and a portfolio of four hotels in the CBD area of a top 10 US market. Since 2013, the Avison Young Hos...

Hospitality M&A Focus to Shift to Smaller, Niche Platforms in 2019

March 25, 2019

After a bumper 2018, more hotel mergers and acquisitions are expected this year. But don't expect a further slew of mega transactions. The focus instead is shifting towards more private deals with smaller platforms. The top brands only account for around a third of hotel rooms around the world, making more acquisitions in 2019 likely, says Tony Ryan, Managing Director of Global Mergers & Acquisitions in JLL's Hotels & Hospitality Group. "Most of the larger platform deals have already been done, so the big operators are now seeking out unique concepts and locations to complement existing product offerings – particularly as ...

Avison Young Hospitality Group Recent Closings

Avison Young | March 4, 2019

ATLANTA – March 4, 2019 – Avison Young Hospitality Group announced today the firm closed a two-property portfolio in San Francisco last Friday. The details of the two transactions are confidential in nature, but each transaction was accretive to both the buyer and the seller. The transactions were handled by Chelsea Wang, a hotel broker in the Avison Young San Francisco office. ...

Avison Young Hospitality Group Recent Closings

Avison Young | February 28, 2019

ATLANTA – February 28, 2019 – Avison Young Hospitality Group announced today the closing of six transactions since the first of the year. The properties include two full-service Marriott hotels, a SpringHill Suites in Bossier City, LA, a historic hotel located on the Rhode Island coast and two mid-market hotels in suburban locations. The firm has four transactions closing within the next 14 days representing two properties in San Francisco, a Hilton property near DC and a resort property in the Northeast US. Additionally, the firm has 35 other transactions under sale agreement closing over the next several months. Since 2013...

Avison Young Hospitality Group Recent Closings

Avison Young | February 11, 2019

ATLANTA – February 11, 2019 – Avison Young Hospitality Group announced today the closing of four transactions since the first of the year. The properties include a full-service Marriott in south Florida that sold for $49 million, a Marriott branded hotel in Bossier City LA, a historic hotel on the water in Rhode Island and a mid-market hotel in the southeast. Since 2013, the Avison Young Hospitality Group has now closed 103 Marriott branded hotels, 71 Hilton branded assets, 49 IHG branded assets and 146 other braded hotels. ...

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