Tag: acquisitions
Braemar To Acquire The Ritz-Carlton Lake Tahoe for $120 Million
DALLAS—Braemar Hotels & Resorts Inc. has entered into a definitive agreement to acquire the 170-room Ritz-Carlton Lake Tahoe in Truckee, California. In addition, the...
McNeill Hotel Executives Discuss Plans to Double Portfolio
In September, McNeill Hotel Company announced plans to double the size of its portfolio after entering an agreement with an investment fund managed by Almanac...
Vesta Hospitality Acquires Embassy Suites Jacksonville Baymeadows
VANCOUVER — Vesta Hospitality has acquired the Embassy Suites Jacksonville Baymeadows in Jacksonville, Florida. The 277-suite hotel is now the largest in Vesta’s portfolio. The...
Singha Estate Acquires Six Properties from Outrigger
HONOLULU–Singha Estate Public Company Limited, property development and investment holding company based in Thailand, has acquired six properties from the Honolulu-based hotel chain and...
FPG Sunsets Drake Beil & Associates to Become One Brand
ORLANDO, Fla.—Incremental revenue technology and consulting firm Frontline Performance Group (FPG) today announced the retirement of Drake Beil & Associates (DB&A) LLC. After acquiring...