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Boyd Gaming Acquires Aliante Casino Hotel and Spa

Boyd Gaming Acquires Aliante Casino Hotel and Spa

LAS VEGAS—Boyd Gaming Corporation has announced that it has entered into a definitive agreement to acquire ALST Casino Holdco, the holding company of Aliante Casino Hotel and Spa, for total net cash consideration of $380 million. Opened in 2008 at ...

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Hunter Closes on Lodge & Spa at Callaway Gardens

Hunter Closes on Lodge & Spa at Callaway Gardens

ATLANTA—Hunter Hotel Advisors has announced that they represented Noble Investment Group, an Atlanta based private equity real estate fund, in the sale of The Lodge & Spa at Callaway Gardens to the owners of Callaway Gardens. The Pine Mountain, Georgia ...

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As Chinese Economy Slows, Acquisitions on the Rise

In the 1980s, Japanese companies began snapping up trophy properties in the United States, including the Rockefeller Center in New York and the Hotel Bel-Air in Los Angeles. Now, as China’s economy slows, companies like Anbang Insurance Group Co. are ...

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Alliance Acquires Wyndham Glenview Suites Chicago North

Alliance Acquires Wyndham Glenview Suites Chicago North

GLENVIEW, Ill.—Alliance Hospitality announced it has acquired the Wyndham Glenview Suites Chicago North hotel, located in Glenview, Ill. Rolf Tweeten, chairman of the board for Alliance Hospitality, made the announcement. The property will undergo a multi-million dollar renovation as Alliance ...

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Midas Hospitality Acquires Courtyard Clemson

Midas Hospitality Acquires Courtyard Clemson

SAINT LOUIS, Mo.—An investment group led by Midas Hospitality has acquired the 110-room Courtyard by Marriott-Clemson, S.C. for $16.5 million. St. Louis-based hotel owner, operator, and developer, Midas Hospitality, will manage the asset. The Courtyard by Marriott—Clemson, S.C. is located ...

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More Mergers, Acquisitions to Come in 2016

Following a year that saw major hotel companies wheeling and dealing toward a more consolidated marketplace, Reuters is expecting to see even more merger and acquisition (M&A) activity in the hospitality space in 2016. There are a number of drivers behind this activity, ...

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