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Strategic to Acquire Four Seasons Resort Scottsdale

Strategic to Acquire Four Seasons Resort Scottsdale

CHICAGO—Strategic Hotels & Resorts Inc. has signed an agreement to acquire the Four Seasons Resort Scottsdale at Troon North from an affiliate of Walton Street Capital LLC for $140 million, which includes 13.8-acres of developable land zoned for an additional ...

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Chatham Lodging Completes Inland American Acquisitions

Chatham Lodging Completes Inland American Acquisitions

PALM BEACH, Fla.—Chatham Lodging Trust has completed the previously announced acquisition of a 52-hotel, 6,976-room portfolio from Inland American. The combined total purchase price was approximately $1.1 billion, before deal costs and funding of escrows. Chatham acquired four hotels as ...

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Omni Hotels Adds New Orleans Hotel

Omni Hotels Adds New Orleans Hotel

DALLAS—Omni Hotels & Resorts announces the rebranding of the Wyndham Riverfront New Orleans. Riverfront Lodging LLC contracted with Omni to manage the hotel as the Omni Riverfront Hotel. The announcement comes on the heels of a six-month, $8 million property ...

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Carey Watermark Acquires Sanderling Resort for $38 Million

Carey Watermark Acquires Sanderling Resort for $38 Million

NEW YORK—Carey Watermark Investors Incorporated (CWI) announced that it has acquired the Sanderling Resort, a 106-room full-service resort, located in Duck, N.C., on the Outer Banks. The purchase price was $38 million. The Sanderling Resort is situated on 13 acres ...

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