Mission Hill Hospitality Acquires the Inn at Naples, a Tapestry Collection by Hilton Hotel
DENVER—Mission Hill Hospitality, a KSL Capital Partners portfolio company, announced it has acquired the Inn at Naples, Tapestry Collection by Hilton, a 100-key property...
Peachtree Increases Footprint with Acquisition of Seven Hotels
ATLANTA — Peachtree Hotel Group continues to capitalize on the hotel industry's recovery by acquiring seven premium-branded hotels for approximately $135 million. The acquisitions,...
Making the Deal: How Market Conditions Will Impact Hotel Transactions in 2022
In the two years since the COVID-19 pandemic prompted shutdowns and a slowdown in business across the United States, hotel transaction volume has recovered...
Vision Hospitality Group Approaches 25th Anniversary
CHATTANOOGA—Vision Hospitality Group celebrates its 25th anniversary beginning this April. The company’s portfolio spans the United States, and Vision plans to continue its growth with...
Sandpiper Lodging Trust Acquires Two WoodSpring Suites Properties
RICHMOND, Virginia — Sandpiper Lodging Trust announces the acquisition of two WoodSpring Suites extended-stay hotels located in Orlando, Florida.
One of the hotels, WoodSpring Suites...
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This Week’s Comings & Goings
Concord Hospitality announced the appointment of Will Loughran as its new chief operating officer. He will report to Mark Laport, president and CEO. He...
Driftwood Capital Secures Refinancing for Sheraton Park City Hotel
PARK CITY, Utah—Driftwood Capital announced it secured $33 million in refinancing for the Sheraton Park City hotel in Park City, Utah, a 200-key hotel...
Hilton Reports Q1 2024 Results
MCLEAN, Virginia—Hilton Worldwide Holdings Inc. reported its first quarter 2024 results. Highlights from the first quarter include:
Diluted EPS was $1.04 for the first quarter,...
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