Interstate and White Lodging Close Management Acquisition Deal
ARLINGTON, Va.—Interstate Hotels & Resorts has closed a deal—first announced in December 2017—to acquire the management agreements for 82 premium-branded, select- and full-service hotels,...
Terrapin Investments Buys Two Glenwood Springs Hotels
Denver, Colo.—HREC Investment Advisors has arranged the sale of the 65-guestroom Holiday Inn Express and the 70-room Hampton Inn, both located in Glenwood Springs,...
Wyndham to Buy La Quinta for $1.95 Billion
PARSIPPANY, N.J. and IRVING, Texas—Wyndham Worldwide Corporation and La Quinta Holdings Inc. announced today that they have entered into a definitive agreement under which...
Rockbridge Acquires Marriott in Palm Beach Gardens, Florida
COLUMBUS, OHIO—Rockbridge has acquired the Marriott in Palm Beach Gardens, Fla., in a joint venture with Pinnacle Hotel Management, which will manage the hotel. The...
Choice Hotels to Acquire WoodSpring Suites Brand and Franchise Business
ROCKVILLE, Md.—Choice Hotels International today announced that it has reached a definitive agreement to acquire the brand and franchise business of WoodSpring Suites from...
Most Popular
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....
Advertisement