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HNA’s Hilton Purchase Alters Ownership Landscape

HNA Group’s 25 percent, $6.5 billion purchase of Hilton Worldwide Holdings is shaking up its previous acquisitions of European assets. HNA’s ownership stakes in Western companies include or will soon include 100 percent of Carlson, 28.5 percent of NH Hotels, and ...

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Nobu Miami Beach Soft Opens

Nobu Miami Beach Soft Opens

Nobu Hotel has arrived at Eden Roc Miami Beach and is currently in its soft-opening phase. The hotel will officially launch in January 2017, following a multi-million dollar renovation and landmark restoration of the 1950’s Morris Lapidus property. The Nobu ...

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KSL Affiliate to Acquire Outrigger

KSL Affiliate to Acquire Outrigger

WAIKIKI, HONOLULU, HAWAII—Outrigger Hotels and Resorts (Outrigger) and KSL Capital Partners, LLC (KSL) announced today that affiliates of the companies have signed a purchase and sale agreement for an affiliate of KSL to acquire Outrigger. The transaction includes all 37 ...

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Presidian Hotels to Manage Hotel Saint George

Presidian Hotels to Manage Hotel Saint George

MARFA, Texas—Presidian Hotels, a full-service hotel management company based in San Antonio, Texas, announced today that it has taken over management of the distinctive Hotel Saint George located in Marfa, Texas. Presidian Chief Executive Officer Charles Leddy made the announcement. ...

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Chesapeake Adds Three Hotels to Managed Portfolio

Chesapeake Adds Three Hotels to Managed Portfolio

GREENBELT, Md.—Chesapeake Hospitality, a dynamic third-party hotel management company, announced today that it has been selected manager of the Hotel Indigo St. Louis Downtown, the Holiday Inn Washington-College Park hotel and the Detroit Airport Marriott hotel. Kim Sims, president of ...

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