Lennox Capital Partners Acquires The Westin St. Louis
ST. LOUIS–Lennox Capital Partners has acquired The Westin St. Louis from Norwalk, Connecticut-based HEI Hotels & Resorts. As part of the transaction, Lennox Capital...
Deal Roundup: CI Capital Acquires AlliedPRA, and More
An affiliate of New York-based private equity firm CI Capital Partners has acquired a majority interest in AlliedPRA, a destination management company, from UK...
Woodbine Legacy Investments Buys W Atlanta-Buckhead
DALLAS—Woodbine Legacy Investments (WLI) purchased W Atlanta-Buckhead, a 12-story, 291-room full-service hotel in a 13-million-square-foot mixed-used district. W Atlanta-Buckhead marks the second acquisition for WLI, a private...
Wyndham To Acquire AmericInn
Yesterday, the Wyndham Hotel Group announced plans to acquire the AmericInn hotel brand and its management company, Three Rivers Hospitality, from Northcott Hospitality for...
Avison Young Hospitality Group Announces Nine Closings
ATLANTA—The Avison Young Hospitality Group announced that it has brokered nine hotel transactions in June, including one full-service hotel and eight select-service hotels. Marriott,...
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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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