JLL Closes Sale of Dual-Brand Homewood Suites & Tru by Hilton Albany Crossgates Mall
NEW YORK—JLL’s Hotels & Hospitality Group announced that it has closed the sale of the dual-brand Homewood Suites & Tru by Hilton Albany Crossgates...
Maverick Hotels and Restaurants Adds Hyatt Rosemont O’Hare to Its Portfolio
CHICAGO—Maverick Hotels and Restaurants announced that it has added the Hyatt Rosemont O’Hare hotel in Rosemont, Illinois, to its portfolio of owned and managed...
Mumford Company Announces Mid-Year Update With Several Deals
NEWPORT NEWS, Virginia—Mumford Company announced completed deals to close in the first half of 2022. In the last few weeks, the firm closed several...
Stockdale Capital Partners Acquires The Marker Hotel
LOS ANGELES—Stockdale Capital Partners (Stockdale) announced that it has acquired The Marker hotel in San Francisco for $77 million from Pebblebrook Hotel Trust.
The Marker,...
Pebblebrook Hotel Trust Acquires Gurney’s Newport Resort & Marina
BETHESDA, Maryland—Pebblebrook Hotel Trust announced it has acquired the 257-room Gurney’s Newport Resort & Marina in Newport, Rhode Island for $174.0 million.
Gurney’s Newport is...
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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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