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InnVest Sells for $1.6 Billion

InnVest Real Estate Investment Trust is selling its portfolio of 109 hotel to Bluesky, a Canadian company backed by Hong Kong, for 2.1 billion Canadian dollars, or $1.6 billion USD, including debt. InnVest’s hotels hold properties managed by Marriott International, ...

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Kohlberg Acquires Interstate Hotels & Resorts

Kohlberg Acquires Interstate Hotels & Resorts

ARLINGTON, Va. and NEW YORK—Kohlberg & Company, a private equity firm headquartered in New York, has acquired Interstate Hotels & Resorts from Thayer Lodging and Jin Jiang International Hotels. The transaction provides Interstate with a new strategic partner and positions ...

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HNA Tourism Group to Acquire Carlson Hotels

HNA Tourism Group to Acquire Carlson Hotels

BEIJING AND MINNEAPOLIS—HNA Tourism Group Co., a division of HNA Group Co., a Fortune Global 500 company with operations across aviation, tourism, hospitality, finance, and online services among other sectors, and Carlson Hospitality Group, Inc. today announced they have entered ...

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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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