Mumford Company Announces Sale of Super 8 in Norton, Virginia
NEWPORT NEWS, Virginia—Mumford Company announced the sale of the Super 8 in Norton, Virginia, on behalf of Seller S&P Hotels. This is the fifth...
TMGOC Ventures Closes on Hilton Garden Inn Miami Beach
MIAMI, Florida—TMGOC Ventures, a partnership between The Montford Group. and Opterra Capital, have closed on their 13th joint venture, the Hilton Garden Inn Miami...
Waramaug Hospitality Acquires Two Huntsville, Alabama Hotels
DALLAS — Waramaug Hospitality announced it acquired the Hilton Garden Inn Huntsville South/Redstone Arsenal and the Hampton Inn & Suites Athens I-65/Huntsville Area.
The 102-room...
NewcrestImage Reaches Agreement to Purchase 45 Hotels
NewcrestImage has reached a definitive agreement to purchase 45 hotels from a private investment firm. The terms of the transaction were not disclosed.
The portfolio...
Wolfgramm Capital Acquires Waldorf Astoria Park City Hotel
PARK CITY, Utah—Wolfgramm Capital has acquired the Waldorf Astoria Park City hotel in Park City, Utah, according to Co-Founder and CEO Phil Wolfgramm. The...
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Driftwood Capital Secures Refinancing for Sheraton Park City Hotel
PARK CITY, Utah—Driftwood Capital announced it secured $33 million in refinancing for the Sheraton Park City hotel in Park City, Utah, a 200-key hotel...
Hilton Reports Q1 2024 Results
MCLEAN, Virginia—Hilton Worldwide Holdings Inc. reported its first quarter 2024 results. Highlights from the first quarter include:
Diluted EPS was $1.04 for the first quarter,...
stayAPT Suites Partners With Powerhouse Hotels for Brand Expansion
MATTHEWS, North Carolina—stayAPT Suites announced a significant expansion initiative in partnership with Powerhouse Hotels, a joint venture between JCap Realty Group and Cullinan Holdings....
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