Starwood Capital Group Acquires 10-Hotel Portfolio From Edwardian Group
LONDON—Starwood Capital Group announced that a controlled affiliate acquired a portfolio of 10 hotels from Edwardian Group for an undisclosed sum via an off-market...
Auro Hotels Acquires Courtyard by Marriott Orlando Airport
ORLANDO, Florida—Auro Hotels announced the newest addition to its portfolio: the Courtyard by Marriott Orlando Airport. This property acquisition adds to its base in...
Apple Hospitality REIT Acquires SpringHill Suites Las Vegas Convention Center
RICHMOND, Virginia—Apple Hospitality REIT, Inc. announced the acquisition of the 299-room SpringHill Suites by Marriott Las Vegas Convention Center for approximately $75 million, or...
Stonebridge Cos. Acquires a Five-Property Portfolio
DENVER—Stonebridge Cos. acquired a five-property, approximately 1,200 key hotel portfolio spanning the United States in late November.
“Our closing of this transaction was especially rewarding...
APF Arranges Acquisition Loan for Hampton Inn & Suites St. Augustine-Vilano Beach
ATLANTA, Georgia—Access Point Financial (APF) has arranged an $18.5 million acquisition loan for the Hampton Inn & Suites St. Augustine-Vilano Beach, located in St....
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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,...
stayAPT Suites Partners With Powerhouse Hotels for Brand Expansion
MATTHEWS, North Carolina—stayAPT Suites announced a significant expansion initiative in partnership with Powerhouse Hotels, a joint venture between JCap Realty Group and Cullinan Holdings....
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