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Carey Watermark Acquires Le Méridien Arlington

Carey Watermark Acquires Le Méridien Arlington

NEW YORK—Carey Watermark Investors 2, Incorporated (CWI 2), a non-traded real estate investment trust (REIT) focused on investing in lodging and lodging-related properties, announced that it has acquired the Le Méridien Arlington. The hotel is part of a mixed-use development ...

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Construction Begins on Conrad Washington, D.C.

Construction Begins on Conrad Washington, D.C.

WASHINGTON, D.C.—Hines, an international real estate firm, and Qatari Diar, the real estate development entity of the Qatar Investment Authority (the co-developers of CityCenterDC), Conrad Hotels & Resorts, Hilton Worldwide’s smart luxury hotel brand, and D.C. Mayor Muriel Bowser confirmed ...

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Cordish Companies Unveils Plans for Live! Casino

Cordish Companies Unveils Plans for Live! Casino

HANOVER, Md.—The Cordish Companies today shared plans for a significant expansion to its Maryland Live! Casino property, located in Hanover, Md. The new $200 million Live! Hotel, the largest enhancement and investment at the casino since its opening in June ...

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Pacific Hospitality Purchases Two AC Hotels

Pacific Hospitality Purchases Two AC Hotels

IRVINE, Calif.—PHG Hotel Fund I, an affiliate of Pacific Hospitality Group, has announced the purchase of AC Hotel Phoenix Tempe/Downtown in Tempe, Ariz. and AC Hotel Irvine in Irvine, Calif. from Woodbine Development Corporation and USAA. “We are excited to ...

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Hawkeye Hotels Buys Hotel Modern

Hawkeye Hotels Buys Hotel Modern

NEW ORLEANS—The independent boutique hotel known as Hotel Modern has been sold to Hawkeye Hotels, a privately held hotel group headquartered in Iowa City, Iowa. Hawkeye Hotels purchased the property on Wednesday, June 22. “We are thrilled to have the ...

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Castaway Island in Fiji Reopens Following Renovation

Castaway Island in Fiji Reopens Following Renovation

BRISBANE, Australia—June 1 was a day of celebration on Castaway Island, Fiji, as this private island resort reopened and welcomed guests back following a three-month island clean-up and property renovation following February’s Tropical Cyclone Winston. Resort General Manager Steven Andrews ...

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