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NewcrestImage Acquiring 25 La Quinta Properties

NewcrestImage Acquiring 25 La Quinta Properties

Dallas-based NewcrestImage is acquiring 25 properties from La Quinta in a deal announced earlier this week. Mehul Patel, managing partner of the development and management firm (and current AAHOA Chair), said in a statement that the properties, which are located ...

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Carey Watermark Investors Acquires Hutton Hotel In Nashville

Carey Watermark Investors Acquires Hutton Hotel In Nashville

NEW YORK—Carey Watermark Investors (CWI) announced that it has acquired Hutton Hotel, a four-star, luxury lifestyle boutique hotel in downtown Nashville. The 247-room hotel opened in 2009. CWI’s total investment in the property is approximately $77.3 million, including a $73.6 ...

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Best Western International Opens Hotel in Myanmar

Best Western International Opens Hotel in Myanmar

Best Western International has announced plans to launch its brand in the emerging market of Myanmar. The company has sealed an agreement to take over the management of the Green Hill Hotel, a new property located in the heart of ...

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Fibra Inn Acquires Holiday Inn Express Guadalajara UAG Hotel

Fibra Inn Acquires Holiday Inn Express Guadalajara UAG Hotel

MONTERREY, Mexico—Deutsche Bank Mexico or Fibra Inn, a Mexican real estate investment trust specializing in the hotel industry serving the business traveler, announced that it has completed the acquisition of the Holiday Inn Express Guadalajara UAG hotel. Fibra Inn paid ...

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