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Narsi Properties Acquires North Carolina Homewood Suites

Narsi Properties Acquires North Carolina Homewood Suites

DURHAM/CHAPEL HILL, N.C.—Narsi Properties, a hotel owner/developer/operator based in North Carolina, has announced the acquisition of the 96-suite Homewood Suites by Hilton Durham-Chapel Hill/I-40 for an undisclosed sum. The hotel is in the midst of a major renovation to upgrade ...

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Noble House Adds Two Luxury Teton Village Resorts

Noble House Adds Two Luxury Teton Village Resorts

SEATTLE—Noble House Hotels & Resorts has acquired Teton Mountain Lodge and Hotel Terra and will immediately assume management of both properties, located in Teton Village, Jackson Hole, Wyo. The resorts bring the Noble House Hotels & Resorts hospitality portfolio to ...

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Ashford Prime to Acquire Bardessono for $85 Million

Ashford Prime to Acquire Bardessono for $85 Million

DALLAS—Ashford Hospitality Prime has entered into a definitive agreement to acquire the leasehold interest in the 62-room Bardessono Hotel and Spa in Yountville, Calif., for a total consideration of $85 million ($1,370,000 per key). Post-closing, the property will be managed ...

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Carey Watermark Investors Acquires Ritz-Carlton Philadelphia

Carey Watermark Investors Acquires Ritz-Carlton Philadelphia

NEW YORK—Carey Watermark Investors Incorporated announced that it has acquired a majority interest in the 299-room Ritz-Carlton Philadelphia in a joint venture with Philadelphia Hospitality Partners, L.P., the owner of the property. Originally built between 1904 and 1908 as The ...

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