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Digicel and Marriott Open Haiti Hotel

Digicel and Marriott Open Haiti Hotel

PORT-AU-PRINCE, Haiti—The new Marriott Port-au-Prince Hotel checked in its first guests yesterday. Joined by Haiti President Michel Martelly and former U.S. President Bill Clinton at a celebration ceremony, Digicel Group Chairman and Founder Denis O’Brien and Marriott International President of ...

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DiamondRock Hospitality Acquires Shorebreak Hotel

DiamondRock Hospitality Acquires Shorebreak Hotel

BETHESDA, Md.—DiamondRock Hospitality Company (the Company) announced today that it recently acquired the Shorebreak Hotel (Hotel) in Huntington Beach, California, for a purchase price of $58.5 million. The purchase price represents a 12.8 multiple on 2015 forecasted Hotel earnings before ...

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Marriott International Sells Miami Beach EDITION Hotel

Marriott International Sells Miami Beach EDITION Hotel

BETHESDA, Md.—Marriott International, Inc. announced it has sold The Miami Beach EDITION hotel for cash proceeds of $230 million. The sale is the second in a series of three anticipated sales of Marriott-owned EDITION hotels to companies ultimately owned by ...

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