Kansas City Marriott Hotel Downtown Acquired by Highline Hospitality Partners
NEW YORK—Highline Hospitality Partners (HHP), the hospitality investment platform launched by Highline Real Estate Partners (HREP), has added its fourth property with the acquisition...
Sonesta Adds Royal Sonesta Minneapolis Downtown to its Portfolio
Sonesta International Hotels Corporation (Sonesta), a fast-growing hotel company in the United States, opened the brand's latest property in Minnesota: the Royal Sonesta Minneapolis...
Certares Acquires the Embassy Suites Atlanta Midtown
NEW YORK—Certares Management LLC, an investment specialist dedicated to the travel, tourism, and hospitality sectors (together with its affiliates, Certares), in partnership with Highlands...
Legendary Capital Sponsors the Acquisition of an avid Hotel
FARGO, North Dakota — Legendary Capital has announced it sponsored the acquisition of the 92-room avid in Southaven, Mississippi, in a $12 million all-cash...
The Neptune Resort Added to the Springboard Hospitality Portfolio
LOS ANGELES—Springboard Hospitality, a hospitality management company with 38 independent and branded properties throughout the United States, announced the addition of The Neptune Resort...
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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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