Home / Finance + Development / Development / Acquisitions (page 44)

Category Archives: Acquisitions

Feed Subscription

Modus Hotels Acquires Brookshire Suites in Downtown Baltimore

Modus Hotels Acquires Brookshire Suites in Downtown Baltimore

WASHINGTON, D.C.—Modus Hotels announced it has acquired the 97-suite Brookshire Suites, Modus’ first hotel in downtown Baltimore and its third hotel acquisition of 2012. The company will invest several million dollars to fully renovate and re-concept the property and incorporate ...

Read More »

Fertitta Acquires Casino Hotel in Biloxi

HOUSTON—Tilman J. Fertitta, sole owner, chairman and CEO of Landry’s, Inc., parent company of the Golden Nugget Las Vegas, Atlantic City, and Laughlin, announced that Fertitta Entertainment completed the acquisition of the Isle Casino in Biloxi. “We’ve been looking to ...

Read More »

Sale of New York’s Plaza Hotel is Complete

NEW YORK—Sahara India Pariwar, an India-based conglomerate, completed the purchase of a 75 percent interest in the Plaza Hotel New York from real estate company El Ad US Holdings’ position in the hotel with a total valuation of $575 million. ...

Read More »

RLJ Lodging Trust Acquires Embassy Suites Boston/Waltham

BETHESDA, Md.—RLJ Lodging Trust (the “Company”) announced that it acquired the 275-room Embassy Suites Boston/Waltham (the “Hotel”), through an off-market transaction, for a purchase price of $64.5 million, or approximately $235,000 per key. The purchase price represents a forward capitalization ...

Read More »

Coast Hotels & Resorts Adds First Arizona Property

SEATTLE, Wash.—Coast Hotels & Resorts welcomes its first Arizona property with the acquisition of the former Crowne Plaza Phoenix-Airport. The hotel will be rebranded as the Coast Phoenix Sky Harbor Hotel. Branding for the rollover will continue throughout the coming ...

Read More »
Scroll To Top