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Hilton Worldwide Acquires Parc 55 San Francisco

Hilton Worldwide Acquires Parc 55 San Francisco

SAN FRANCISCO—Hilton Worldwide has announced the closing of the acquisition of Parc 55 Wyndham San Francisco — Union Square. The property, which will be renamed Parc 55 San Francisco a Hilton Hotel, adds 1,024 guest rooms, 54 suites, and more ...

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Loews to Acquire Mandarin Oriental San Francisco Hotel

Loews to Acquire Mandarin Oriental San Francisco Hotel

NEW YORK—Loews Hotels & Resorts, a wholly owned subsidiary of Loews Corporation, today announced that it has entered into an agreement to purchase the 158-room Mandarin Oriental San Francisco Hotel. The acquisition is expected to close in late March. “This ...

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Laguna Beach House to Debut in April

Laguna Beach House to Debut in April

LAGUNA BEACH, Calif.—Following the May 2014 acquisition of Laguna Cliffs Inn, Classic Hotels & Resorts has announced a $1.5 million investment to renovate the boutique hotel. The property will debut a fresh look in April under the new name Laguna ...

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Oxford Capital Group Unveils Plans for LondonHouse

Oxford Capital Group Unveils Plans for LondonHouse

CHICAGO—Oxford Capital Group, LLC announced plans to open “LondonHouse” at the corner of North Michigan Avenue and Wacker Drive in the spring of 2016. This latest lifestyle hotel development from Oxford Capital Group, LLC will feature a 452-rooms within the ...

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Carey Watermark Investors Acquires Westin Minneapolis

Carey Watermark Investors Acquires Westin Minneapolis

NEW YORK—Carey Watermark Investors Incorporated (CWI) announced that it has acquired the Westin Minneapolis hotel. The full-service hotel includes 214 guestrooms and is located in downtown Minneapolis. The acquisition price was $66.4 million and was financed with $43.5 million of ...

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