Home / Author Archives: Lodging Staff (page 4)

Author Archives: Lodging Staff

Feed Subscription

Ashford Trust to Acquire Nine-Hotel Portfolio for $224M

Ashford Trust to Acquire Nine-Hotel Portfolio for $224M

Ashford Hospitality Trust has signed a definitive agreement to acquire a nine-hotel portfolio for total consideration of $224 million in cash ($179,000 per key). The company anticipates financing the portfolio with non-recourse debt of approximately $179 million. Upon closing, all ...

Read More »

Apple Hospitality REIT Goes Public

Apple Hospitality REIT Goes Public

Richmond, Va.-based Apple Hospitality REIT announced today that its common shares have been listed and have begun trading on the New York Stock Exchange. In connection with its listing on the NYSE, Apple Hospitality has commenced a modified “Dutch auction” ...

Read More »

First Nobu Hotel in Asia Opens at City of Dreams Manila

First Nobu Hotel in Asia Opens at City of Dreams Manila

MANILA, Philippines—The first Nobu Hotel in Asia has officially opened at City of Dreams Manila, Melco Crown Entertainment’s new integrated casino resort at Entertainment City, Manila. Championed by Nobu Hospitality founding partners chef Nobu Matsuhisa, actor Robert De Niro, and ...

Read More »
Scroll To Top