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W.P. Carey Acquires Six Courtyard Hotels

W.P. Carey Acquires Six Courtyard Hotels

NEW YORK—W. P. Carey Inc., a real estate investment trust specializing in corporate sale-leaseback and build-to-suit financing, and the acquisition of single-tenant net lease properties, announced that it has acquired a portfolio of six Courtyard by Marriott hotels for approximately ...

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Hyatt House Opens First New Orleans Property

Hyatt House Opens First New Orleans Property

CHICAGO—Hyatt House New Orleans/Downtown has celebrated its opening, marking the first Hyatt House hotel in New Orleans. Owned by affiliate Waypoint NOLA, LLC and operated by Hyatt, Hyatt House New Orleans/Downtown is conveniently located in New Orleans’ burgeoning downtown area, ...

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Deal Roundup: The Latest Sales and Acquisitions

Deal Roundup: The Latest Sales and Acquisitions

While the Marriott-Starwood merger may be the most buzzed-about deal this week, the two companies have a long way to go before completing the transaction. In the meantime, here’s a look at some notable hotel sales and acquisitions that have ...

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Carey Watermark Purchases Embassy Suites Denver

Carey Watermark Purchases Embassy Suites Denver

NEW YORK—Carey Watermark Investors 2 (CWI 2), a non-traded real estate investment trust (REIT) focused on investing in lodging and lodging-related properties, announced that it has purchased the Embassy Suites by Hilton Denver–Downtown/Convention Center, a 403-suite, full-service hotel located in ...

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