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Negotiating Management Contracts

Negotiating Management Contracts

When negotiating management contracts, both hoteliers and management companies have a single, simple goal in mind: Finalizing a deal that is fair and satisfying to both parties. But what if a hotelier is new to the management company game? What ...

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Kohlberg Acquires Interstate Hotels & Resorts

Kohlberg Acquires Interstate Hotels & Resorts

ARLINGTON, Va. and NEW YORK—Kohlberg & Company, a private equity firm headquartered in New York, has acquired Interstate Hotels & Resorts from Thayer Lodging and Jin Jiang International Hotels. The transaction provides Interstate with a new strategic partner and positions ...

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A Word from Management: New Castle Hotels & Resorts

A Word from Management: New Castle Hotels & Resorts

With a diverse portfolio of full- and select-service properties in both urban and rural destinations, Connecticut-based New Castle Hotels & Resorts has been a strong presence in the lodging industry for 35 years, managing its hotels through expertise in development, ...

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Columbia Hospitality to Manage Palm Mountain Resort

Columbia Hospitality to Manage Palm Mountain Resort

SEATTLE, Wash.—Seattle-based hospitality management and consulting company Columbia Hospitality announced today a new management and operating agreement with Palm Mountain Resort & Spa. Located in Palm Springs, Calif., the 142-room resort—equipped with a spa, pool, and event space—joins Columbia Hospitality’s ...

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Georgetown Hotel Becomes Rosewood Washington, D.C.

Georgetown Hotel Becomes Rosewood Washington, D.C.

WASHINGTON—Rosewood Hotels & Resorts has been appointed by CTF Georgetown Hotel, new owners of Capella Washington, D.C., to take over the management of the Georgetown hotel. Effective April 21, the hotel formerly owned by Castleton Hotel Partners I, has been ...

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A Word from Management: Spire Hospitality

A Word from Management: Spire Hospitality

Spire Hospitality CEO Bill DeForrest is in good spirits, and it’s easy to see why. In addition to wrapping up $150 million worth of renovation projects across its portfolio, the Deerfield, Ill.-based management company recently opened the first dual-branded Crowne ...

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