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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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America’s Best Franchising Acquires Jameson Inn Brand

America’s Best Franchising Acquires Jameson Inn Brand

America’s Best Franchising has purchased the Jameson Inn hotel brand and will start offering franchise opportunities for the first time in the brand’s history. Since 2006, the brand has been owned by Argila Jameson Brand LLC, which is located in ...

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RLJ Lodging Trust Acquires Embassy Suites Boston/Waltham

BETHESDA, Md.—RLJ Lodging Trust (the “Company”) announced that it acquired the 275-room Embassy Suites Boston/Waltham (the “Hotel”), through an off-market transaction, for a purchase price of $64.5 million, or approximately $235,000 per key. The purchase price represents a forward capitalization ...

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Priceline.com to Acquire KAYAK

NORWALK, Conn.—Priceline.com Incorporated announced that it has signed a definitive agreement for the Priceline Group to acquire KAYAK in a stock and cash transaction. Under the terms of the agreement, the transaction values KAYAK at $1.8 billion or $40 per ...

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Marcus Hotels & Resorts to Acquire the Cornhusker Hotel

MILWAUKEE—Marcus Hotels & Resorts, a division of The Marcus Corporation and its affiliate, MCS Capital LLC, announced an agreement, subject to the satisfaction of certain standard and customary conditions to closing, to purchase the Cornhusker Hotel and Office Plaza in ...

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