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With RLHC Acquisition, Vantage’s Model Will Remain the Same

The latest consolidation move in hospitality—this time, RLHC’s acquisition of Vantage Hospitality Group—will not alter the model Vantage has set forth since its founding in 1999. According to Hotel News Now, CEO Greg Mount says Vantage’s “freestyle lodging” approach that ...

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RLHC to Acquire Vantage Hospitality Group

RLHC to Acquire Vantage Hospitality Group

SPOKANE, Wash. and CORAL SPRINGS, Fla.—Red Lion Hotels Corporation, a growing hospitality company that operates and franchises upscale, midscale, and economy hotels, has announced it has entered into a definitive agreement to acquire the global brands and brand operations of ...

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Carey Watermark Investors 2 Buys Renaissance Atlanta Midtown

Carey Watermark Investors 2 Buys Renaissance Atlanta Midtown

NEW YORK—Carey Watermark Investors 2 Incorporated (CWI 2) announced that it has acquired the Renaissance Atlanta Midtown Hotel. The 21-story, full-service property includes 304 guestrooms and is located in the diverse and growing Midtown submarket of Atlanta, Ga. High-quality asset: ...

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APA Group to Introduce Urban Hotel Concept

Once APA Group closes on its $162.2 million acquisition of Vancouver-based Coast Hotels, the Japanese company plans to bring its original urban-style hotel concept to North America and expand through franchises, management contracts, and mergers and acquisitions. To read more, ...

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Northview Hotel Group Acquires Jekyll Island Club Hotel

Northview Hotel Group Acquires Jekyll Island Club Hotel

JEKYLL ISLAND, Ga.—Affiliates of Northview Hotel Group have announced the acquisition of a majority equity interest in the Jekyll Island Club Hotel, set on the banks of coastal Georgia. Northview has partnered with Leon N. Weiner & Associates, the owner ...

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NHCohen Acquires Comfort Suites Raleigh Durham Airport

NHCohen Acquires Comfort Suites Raleigh Durham Airport

NEW YORK—NHCohen Partners has completed the equity raise for the acquisition of the Comfort Suites Raleigh Durham Airport/RTP hotel, situated mid-way between Raleigh and Durham in North Carolina, just two miles from Research Triangle Park and five miles from Raleigh-Durham ...

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