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Boyd Gaming Acquires Aliante Casino Hotel and Spa

Boyd Gaming Acquires Aliante Casino Hotel and Spa

LAS VEGAS—Boyd Gaming Corporation has announced that it has entered into a definitive agreement to acquire ALST Casino Holdco, the holding company of Aliante Casino Hotel and Spa, for total net cash consideration of $380 million. Opened in 2008 at ...

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Hunter Closes on Lodge & Spa at Callaway Gardens

Hunter Closes on Lodge & Spa at Callaway Gardens

ATLANTA—Hunter Hotel Advisors has announced that they represented Noble Investment Group, an Atlanta based private equity real estate fund, in the sale of The Lodge & Spa at Callaway Gardens to the owners of Callaway Gardens. The Pine Mountain, Georgia ...

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China’s Aggressive Approach to Hotel Acquisitions

China’s Aggressive Approach to Hotel Acquisitions

NEW YORK—Decelerating industry fundamentals and weakness in forward-looking equity market prices for hotel-related companies hasn’t kept Chinese companies from dominating the hotel investment landscape recently, according to Fitch Ratings. Chinese investors have been aggressively bidding on mostly upper-tier hotel assets ...

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Midas Hospitality Acquires Courtyard Clemson

Midas Hospitality Acquires Courtyard Clemson

SAINT LOUIS, Mo.—An investment group led by Midas Hospitality has acquired the 110-room Courtyard by Marriott-Clemson, S.C. for $16.5 million. St. Louis-based hotel owner, operator, and developer, Midas Hospitality, will manage the asset. The Courtyard by Marriott—Clemson, S.C. is located ...

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Related Group, Dezer Development Acquire Hyde Midtown Suites

Related Group, Dezer Development Acquire Hyde Midtown Suites

MIAMI—The sale of the Hyde Midtown 60-room hotel to a New York investor that already owns hotel properties in South Beach kicked off discussions at Hyde Midtown, where The Related Group and Dezer Development revealed the $30+ million acquisition of the property’s David Rockwell-designed hotel ...

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