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Chesapeake Hospitality to Manage Hilton Garden Inn Fort Myers

Chesapeake Hospitality to Manage Hilton Garden Inn Fort Myers

GREENBELT, Md.—Chesapeake Hospitality, a third-party hotel management company, announced that it has taken over management of the Hilton Garden Inn Fort Myers in Fort Myers, Fla. Kim Sims, president of Chesapeake Hospitality, made the announcement. The hotel owners are embarking ...

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Chesapeake Lodging Trust Acquires Hyatt Santa Barbara

Chesapeake Lodging Trust Acquires Hyatt Santa Barbara

ANNAPOLIS, Md.—Chesapeake Lodging Trust and Hyatt Hotels Corporation announced that Chesapeake has acquired the fee simple interest in the Hyatt Santa Barbara and two adjoining properties totaling 200 rooms from a Hyatt affiliate for $61.0 million, or approximately $305,000 per ...

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Lightstone Value Plus REITs Buy Four Arkansas Hotels

Lightstone Value Plus REITs Buy Four Arkansas Hotels

NEW YORK—Lightstone Value Plus Real Estate Investment Trust (LVPR) and Lightstone Value Plus Real Estate Investment Trust II (LVPR II) announced the acquisition of four Marriott and Starwood hotels in Arkansas for $29.1 million. LVPR acquired the Marriott Fairfield Inn ...

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Kimpton Acquires Amara Resort and Spa in Sedona, Ariz.

Kimpton Acquires Amara Resort and Spa in Sedona, Ariz.

PHOENIX—Kimpton Hotels and Restaurants announced that it has purchased Amara Resort and Spa in Sedona, Ariz. The property was acquired through the company’s proprietary KHP-III fund, which closed in first quarter this year. The 100-room boutique resort overlooking Oak Creek, ...

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Kimpton Acquires Amara Resort and Spa in Sedona, Ariz.

Kimpton Acquires Amara Resort and Spa in Sedona, Ariz.

PHOENIX—Kimpton Hotels and Restaurants announced that it has purchased Amara Resort and Spa in Sedona, Ariz. The property was acquired through the company’s proprietary KHP-III fund, which closed in first quarter this year. The 100-room boutique resort overlooking Oak Creek, ...

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