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Interval Leisure Group to Acquire Hyatt Residential Group

Interval Leisure Group to Acquire Hyatt Residential Group

MIAMI & CHICAGO—Interval Leisure Group and Hyatt Hotels Corporation have announced their affiliates have signed a definitive agreement for ILG to purchase Hyatt Residential Group for approximately $190 million. In addition, ILG will acquire Hyatt’s interest in a joint venture ...

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Adaptive Reuse Project in Atlanta to Include Hotel Indigo

Adaptive Reuse Project in Atlanta to Include Hotel Indigo

ATLANTA–Portman Holdings has purchased a 414,768-square-foot office tower in downtown Atlanta. The 50-year-old building was first developed as an office building by Portman in 1965 as part of the Peachtree Center mixed-use development. Renovation will commence immediately to convert the ...

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Marriott Completes Acquisition of Protea Hospitality

Marriott Completes Acquisition of Protea Hospitality

BETHESDA, Md., and Cape Town—Marriott International has become the largest hotel company in Africa according to published information, and has nearly doubled its presence in its Middle East and Africa region to more than 160 hotels and 23,000 rooms as ...

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Starwood Capital Group Acquires Principal Hayley Group

Starwood Capital Group Acquires Principal Hayley Group

GREENWICH, Conn.—Starwood Capital Group, a private investment firm, announced that an investment fund affiliated with Starwood has acquired Principal Hayley Group, a collection of 23 city-center hotels and training venues across the UK and Europe. Terms of the transaction were ...

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