Category Archives: Acquisitions

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Delta Acquisition to Bolster Marriott’s Growth

Delta Acquisition to Bolster Marriott’s Growth

Following the best growth year in the company’s history, Marriott International will expand its global footprint even further once it adds Delta Hotels and Resorts, a full-service brand with 38 properties and 10,000 rooms across Canada, to its portfolio. Marriott ...

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Urgo Hotels Acquires Whiteface Lodge in Lake Placid

Urgo Hotels Acquires Whiteface Lodge in Lake Placid

BETHESDA, Md.—Urgo Hotels & Resorts today announced that it purchased, for an undisclosed sum, the Whiteface Lodge Resort, located in Lake Placid, N.Y. Whiteface Lodge is situated on 6 million acres of upstate New York national park on the shores ...

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Jordache Investment Arm Buys Setai Miami Beach

Jordache Investment Arm Buys Setai Miami Beach

MIAMI BEACH, Fla.—Nakash Holdings, the investment company controlled by the founders of Jordache Enterprises of designer jeans fame, has purchased the 130-room Setai Hotel in South Beach, Fla., for nearly $90 million. The hotel’s amenities include three newly renovated infinity ...

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Pebblebrook Acquires the Revere Hotel Boston Common

Pebblebrook Acquires the Revere Hotel Boston Common

BETHESDA, Md.—Pebblebrook Hotel Trust has acquired the Revere Hotel Boston Common, an attached 826-space parking garage, and an adjacent land parcel for $260.4 million. The 356-room hotel is located in the historic Theater District of downtown Boston, Mass. “We’re thrilled ...

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NewcrestImage Acquires Two Hyatt Places in Texas

NewcrestImage Acquires Two Hyatt Places in Texas

NewcrestImage has acquired two Hyatt Place hotels in Texas—the 127-room property on Dallas Parkway in Plano and the 126-room property on Hyatt Park Drive in San Antonio. They are NewcrestImage’s first Hyatt properties. Each of the two acquired properties has ...

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