Peachtree Increases Footprint with Acquisition of Seven Hotels
ATLANTA — Peachtree Hotel Group continues to capitalize on the hotel industry's recovery by acquiring seven premium-branded hotels for approximately $135 million. The acquisitions,...
White Lodging Exits Suburban Markets, Shifts Focus to Experiential Urban and Lifestyle Hotels
Merrillville, Indiana — White Lodging recently closed on an agreement to sell 25 suburban management contracts. The transaction, combined with planned individual suburban hotel...
Sightline Hospitality Adds Three Independent Hotels to Management Portfolio
SAN FRANCISCO—Sightline Hospitality announced the addition of three independent hotels to their growing management portfolio. All three properties—evo Hotel, The English Hotel, and Radio...
Highgate Launches Highgate Select Management and Development Division
NEW YORK—Highgate announced the launch of Highgate Select, a new division focused on differentiated management and development of select-service, limited-service, and extended-stay hotels.
Highgate’s management...
HHM Integrates 25 Marriott and Hilton Hotels Into its Managed Portfolio
PHILADELPHIA—HHM has integrated 25 full-service, select-service, and extended stay hotels into its managed portfolio of 185 hotels. The newly added hotels come with long-term...
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Controlling Utility Costs: Volatile Market Conditions Call for a Focus on Contracts and Energy...
Over the past four years, utility costs at U.S. hotels have increased at a pace greater than total operating revenue. As a result, utility...
The Bentley Hotel Southampton to Join JdV by Hyatt Brand
CHICAGO, Illinois—Hyatt Hotels Corporation announced The Bentley Hotel Southampton has officially joined the Hyatt portfolio as an affiliated hotel, in collaboration with Bijal Hospitality,...
Gale Miami Hotel and Residences Partners With Stayntouch
BETHESDA, Maryland—Stayntouch announced a new partnership with Gale Miami Hotel and Residences, a 51-story, 688-room hybrid apartment/hotel in downtown Miami, Florida, set to open...
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