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Hyatt Regency Vancouver Sold for $123 Million

Hyatt Regency Vancouver Sold for $123 Million

CHICAGO—An affiliate of Hyatt Hotels Corporation has sold the 644-room Hyatt Regency Vancouver to InnVest Real Estate Investment Trust for approximately $123 million or $190,000 per key. The hotel will continue to operate as a Hyatt Regency hotel. “We are ...

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RLHC Acquires Baltimore Property for First Hotel RL

RLHC Acquires Baltimore Property for First Hotel RL

SPOKANE, Wash.—Red Lion Hotels Corporation (RLHC) announced today the company has acquired an adaptive reuse property located at Baltimore’s Inner Harbor in Maryland. Currently under renovation, the 130-room hotel is expected to open in summer 2015 as the company’s first ...

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Pebblebrook Acquires Hotel Palomar LA for $78.7 Million

Pebblebrook Acquires Hotel Palomar LA for $78.7 Million

BETHESDA, Md.—Pebblebrook Hotel Trust has acquired the Hotel Palomar Los Angeles – Westwood for $78.7 million. The 264-room, upper upscale, full-service boutique hotel is located in the Westwood neighborhood of Los Angeles, Calif. The property will continue to be managed ...

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Strategic to Acquire Four Seasons Resort Scottsdale

Strategic to Acquire Four Seasons Resort Scottsdale

CHICAGO—Strategic Hotels & Resorts Inc. has signed an agreement to acquire the Four Seasons Resort Scottsdale at Troon North from an affiliate of Walton Street Capital LLC for $140 million, which includes 13.8-acres of developable land zoned for an additional ...

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