Hyatt Centric Opens First Hotel in Silicon Valley
CHICAGO—Hyatt Hotels Corporation recently announced the opening of the 167-room Hyatt Centric Mountain View in the Village at San Antonio Center—the lifestyle brand’s first...
Vail Resorts To Acquire Peak Resorts
BROOMFIELD, Colo. — Vail Resorts has entered into a definitive merger agreement to acquire 100 percent of Peak Resorts' outstanding stock at a purchase...
STR: Occupancy and RevPAR Decline in June
HENDERSONVILLE, Tenn.—The U.S. hotel industry reported mostly negative results in three key performance metrics during June 2019, according to data from STR. At 73.5...
Mumford Company Closes 10 Deals in 60 Days
Newport News, Va. — Mumford Company closed 10 individual transactions in the last 60 days representing a broad range of property types from the...
Deal Report: Four Financing and Acquisition Announcements
HREC Arranges Sale of DoubleTree by Hilton San Antonio Airport
HREC Investment Advisors has arranged the sale of the 291-guestroom DoubleTree by Hilton San Antonio...
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IHG Hotels & Resorts Implements Apple AirPlay at North American Hotels
NEW YORK—IHG Hotels & Resorts launched Apple AirPlay in the first phase of hotel rooms, giving guests the ability to stream content privately from...
Davidson Hospitality Group Recommits to Sustainability
ATLANTA, Georgia—Davidson Hospitality Group announced its renewed commitment to sustainability and conservational efforts through streamlined engineering management, strategic operational partnerships, food and beverage programs,...
Maverick Hotels and Restaurants Adds Two Properties to Managed Portfolio
BOSTON, Massachusetts—Maverick Hotels and Restaurants announced that it has added The York Beach Surf Club and The Sea Latch Inn, both located in York...
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