AHIP REIT Acquires 18 U.S. Hotels in the Northeast
VANCOUVER, B.C.–American Hotel Income Properties REIT LP (AHIP) announced that it has completed the $407.4 million acquisition of 18 branded Marriott and Hilton hotels with...
Chase Park Plaza Hotel Sold To Hospitality Properties Trust
NEW YORK–Cushman & Wakefield’s Global Hospitality Group announced that it represented Behringer Harvard Opportunity REIT I in the sale of the Chase Park Plaza...
Hospitality Deals and Acquisitions from June 2017
Mission Capital Advisors announced that its Debt and Equity Finance Group has arranged an $80-million, non-recourse, structured loan for the Chicago Athletic Association hotel,...
Arbor Lodging Partners and NVN Hotels Merge
CHICAGO, Ill.—Chicago-based Arbor Lodging Partners and NVN Hotels announced that the two companies will now operate under the name Arbor Lodging (Arbor), with the...
The Tripling of Marriott’s Soft Brand Offerings
When Marriott acquired Starwood last year, Marriott became the largest hotel company in the world. Post acquisition, Marriott now owns three soft brands, The Autograph...
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Controlling Utility Costs: Volatile Market Conditions Call for a Focus on Contracts and Energy...
Over the past four years, utility costs at U.S. hotels have increased at a pace greater than total operating revenue. As a result, utility...
The Bentley Hotel Southampton to Join JdV by Hyatt Brand
CHICAGO, Illinois—Hyatt Hotels Corporation announced The Bentley Hotel Southampton has officially joined the Hyatt portfolio as an affiliated hotel, in collaboration with Bijal Hospitality,...
Gale Miami Hotel and Residences Partners With Stayntouch
BETHESDA, Maryland—Stayntouch announced a new partnership with Gale Miami Hotel and Residences, a 51-story, 688-room hybrid apartment/hotel in downtown Miami, Florida, set to open...
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