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Interstate Invests in 10 Marriott Hotels

Interstate Invests in 10 Marriott Hotels

ARLINGTON, Va.—Interstate Hotels & Resorts, along with Waramaug Hospitality, a private investment group focused on acquiring legacy branded assets through the United States, announced today an investment in a premier collection of 10 Marriott branded extended-stay hotels in partnership with ...

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Hersha Hospitality Sells Joint-Venture Interest in Seven Hotels

Hersha Hospitality Sells Joint-Venture Interest in Seven Hotels

PHILADELPHIA—Hersha Hospitality Trust, owner of upscale hotels in urban gateway markets, announced the company has signed definitive agreements with Cindat Capital Management Limited to form a joint venture for 7 of the Company’s limited service hotels in Manhattan totaling 1,087 ...

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Minor Hotel Group Acquires Tivoli Hotels & Resorts

Minor Hotel Group Acquires Tivoli Hotels & Resorts

BANGKOK—Minor Hotel Group (MHG), owner and operator of hotels and resorts in 22 countries across Asia Pacific, the Middle East, Europe, South America, Africa, and the Indian Ocean, has announced the completion of the final stage of its acquisition of ...

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Loews Purchases Hotel 1000

Loews Purchases Hotel 1000

NEW YORK—Loews Hotels & Resorts, a wholly owned subsidiary of Loews Corporation, has announced that it has entered into an agreement to purchase the 120-room Hotel 1000. The acquisition is expected to close Thursday, Jan. 28. “Seattle has been a ...

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Dollars and Sense: Upcoming Finance, Real Estate Trends

Dollars and Sense: Upcoming Finance, Real Estate Trends

Hotel brands compete with one another to add new product as fast as possible, but their ultimate success relies on smart growth. That’s why hotel companies consider the sophistication and the capital structure of the real estate owner before striking ...

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