Deal Report: Six Hotel Acquisition and Financing Announcements
AWH Partners Buys Topnotch Resort and Spa in Stowe, Vermont
AWH Partners, a privately held real estate investment, development, and management firm, has acquired Topnotch...
Deal Report: Five Hotel Acquisitions and Refinancings
Dovetail + Co Acquires Mainstay Hotel, Newport
Hotel developer Phil Hospod announced the launch of Dovetail + Co, a hotel ownership and development company focused...
Braemar Acquires Ritz-Carlton Lake Tahoe Using Ashford’s Enhanced Return Funding Program
Ashford Inc., in connection with the previously announced acquisition of the Ritz-Carlton Lake Tahoe, has entered into an agreement with Braemar Hotels & Resorts...
Driftwood Acquisitions & Development Sells SpringHill Suites Altamonte Springs
ORLANDO—Driftwood Acquisitions and Development (DAD) has sold the SpringHill Suites Altamonte Springs, a Marriott-branded, 90-key hotel located 10 miles north of Orlando. The sale...
Xenia Hotels & Resorts Sells Residence Inn Denver City Center for $92 Million
ORLANDO, Fla.—Xenia Hotels & Resorts has sold the 228-room Residence Inn Denver City Center for $92 million—approximately $404,000 per key. The sale price represents...
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CoStar: Solar Eclipse Positively Impacts U.S. Hotel Performance
WASHINGTON—Helped by the total solar eclipse, U.S. hotel performance increased from the previous week, according to CoStar's latest data through April 13, 2024.
U.S. Hotel...
IHG Hotels & Resorts Implements Apple AirPlay at North American Hotels
NEW YORK—IHG Hotels & Resorts launched Apple AirPlay in the first phase of hotel rooms, giving guests the ability to stream content privately from...
Davidson Hospitality Group Recommits to Sustainability
ATLANTA, Georgia—Davidson Hospitality Group announced its renewed commitment to sustainability and conservational efforts through streamlined engineering management, strategic operational partnerships, food and beverage programs,...
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