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DiamondRock to Sell Los Angeles Airport Marriott

DiamondRock to Sell Los Angeles Airport Marriott

BETHESDA, Md.—DiamondRock Hospitality Company has entered into a purchase and sale agreement to sell the 1,004-room Los Angeles Airport Marriott. This transaction is the result of a reverse inquiry from the same buyer who purchased the Torrance Marriott from the ...

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Ashford Hospitality Trust Announces Spin-Off

Ashford Hospitality Trust Announces Spin-Off

DALLAS—Ashford Hospitality Trust, Inc. has announced the completion of the previously announced spin-off of Ashford Inc. Following the spin-off, Ashford Inc. is now an independent publicly traded asset management company focused on managing real estate, hospitality, and securities platforms both ...

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Starwood Hotels & Resorts Sells St. Regis, Rome

Starwood Hotels & Resorts Sells St. Regis, Rome

STAMFORD, Conn.—Starwood Hotels & Resorts Worldwide Inc. has sold The St. Regis, Rome to subsidiaries of Constellation Hotels Holding Limited for approximately $150.7 million. Starwood will continue to operate the hotel under the St. Regis brand flag as part of ...

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Hyatt Announces Sale of Park Hyatt Washington

Hyatt Announces Sale of Park Hyatt Washington

CHICAGO—Hyatt Hotels Corporation and Westmont Hospitality Group announced that a Hyatt affiliate has sold the 216-room Park Hyatt Washington to a venture comprised of Westmont Hospitality Group and Thomas Tan, a member of the Bestford Hospitality Group, for approximately $100 ...

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