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Ashford Hospitality to Acquire Memphis Marriott East

Ashford Hospitality to Acquire Memphis Marriott East

DALLAS—Ashford Hospitality Trust, Inc. announced today that it has signed a definitive agreement to acquire the 232-room Memphis Marriott East hotel for total consideration of $43.5 million in cash ($187,500 per key). The acquisition is expected to close within the ...

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Country Inns & Suites By Carlson Signs Nine Hotels

Country Inns & Suites By Carlson Signs Nine Hotels

MINNEAPOLIS—Country Inns & Suites By Carlson, the upper-midscale hotel brand from Carlson Rezidor Hotel Group, has announced the signing of nine hotels across North America. “Expanding our footprint in the U.S. is a key priority for the brand this year,” ...

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Orbitz Looking for Buyers

Orbitz Looking for Buyers

Ortbitz Worldwide Inc., an online travel agent, is being put up for sale, according to a new report. On Jan. 20, Bloomberg released information that the company, which also runs Cheaptickets.com, is working with a financial adviser to find potential ...

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