Pacifica Hotels Acquires Best Western Seacliff Inn on California Coast
Orange County, Calif. — Pacifica Hotels, a family-owned business with a legacy of owning and operating boutique hotels in coastal communities, is expanding further...
Noble Investment Group Acquires New Haven Hotel at Yale University
ATLANTA — Noble Investment Group this week announced the acquisition of the New Haven Hotel at Yale University in downtown New Haven, Connecticut.
The commercial,...
AHIP Acquires 12-Hotel Portfolio for $191 Million
VANCOUVER — American Hotel Income Properties REIT LP (AHIP) has reached a definitive agreement to acquire a portfolio of 12 premium-branded hotels for $191...
KJ Properties Sells Five-Hotel Portfolio for $36 Million
AUSTIN, Texas — Marcus & Millichap has announced the sale of a five-hotel portfolio in Texas and Oklahoma. The commercial real estate investment services...
This Week’s Deal Report: Red Lion Atlanta Airport, Bellagio, and More
RLH Corporation has closed on the sale of its Red Lion Airport Hotel Atlanta for $12.25 million in gross proceeds. The Red Lion Airport...
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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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