Home / Tag Archives: acquisition (page 2)

Tag Archives: acquisition

Feed Subscription

Columbia Hospitality Acquires Seattle-Based Coastal Hotels

Columbia Hospitality Acquires Seattle-Based Coastal Hotels

SEATTLE—Seattle-based hospitality management and consulting company Columbia Hospitality has announced the purchase of six management agreements and other assets from Coastal Hotels, a privately held hospitality management company also based in Seattle. The acquisition will take effect on May 1, ...

Read More »

RLJ Lodging and FelCor to Merge into a $7 Billion REIT

RLJ Lodging and FelCor to Merge into a $7 Billion REIT

BETHESDA, Md. – RLJ Lodging Trust and FelCor Lodging Trust Incorporated announced a merger agreement under which FelCor will merge with and into a wholly-owned subsidiary of RLJ in an all-stock transaction. The merger will create the third largest pure-play ...

Read More »

MCR Development Acquires 18-Hotel Portfolio for $206M

MCR Development Acquires 18-Hotel Portfolio for $206M

MCR Development has acquired a portfolio of 18 Marriott and Hilton hotels for approximately $206 million. Collectively, the portfolio represents 1,787 rooms across 11 states in growing cities including Charlotte, Savannah, Cincinnati, Tulsa, and San Antonio. The portfolio has an ...

Read More »

Expedia to Acquire Orbitz Worldwide for $1.6 Billion

Expedia to Acquire Orbitz Worldwide for $1.6 Billion

Today, Expedia Inc. announced that the company will acquire Orbitz Worldwide Inc. and all of its associated brands for $12 cash per share, an approximate total value of $1.6 billion. “We are attracted to the Orbitz Worldwide business because of ...

Read More »

Carey Watermark Acquires Courtyard Times Square West

Carey Watermark Acquires Courtyard Times Square West

NEW YORK—Carey Watermark Investors Incorporated, a non-traded real estate investment trust focused on investing in lodging properties, announced that it has acquired the Courtyard Times Square West, a 224-room select-service hotel in Midtown Manhattan. CWI’s total investment in the property ...

Read More »
Scroll To Top
CLOSE
CLOSE