Tag: hotel acquisition
Strategic to Acquire Remaining Interest in Hotel del Coronado
CHICAGO—Strategic Hotels & Resorts Inc. has signed an agreement to acquire the remaining 63.6 percent ownership interest in the 757-room Hotel del Coronado, a...
Pebblebrook Hotel Trust Acquires the Prescott Hotel
BETHESDA, Md.—Pebblebrook Hotel Trust has acquired the Prescott Hotel for $49 million. The 160-room hotel is located in the heart of Union Square in...
Classic Hotels & Resorts Acquires Laguna Cliffs Inn
Phoenix, Ariz.—Classic Hotels & Resorts has acquired The Laguna Cliffs Inn located in Laguna Beach, Calif. The boutique property is the newest addition to...
Trigild and Blu Hotel Investors Acquire Second Hotel
SAN DIEGO—Expanding their Southern California hotel portfolio, San Diego-based Trigild and Santa Barbara-based Blu Hotel Investors have completed the $16.5 million acquisition of the...
LaSalle Hotel Properties Acquires Hotel Vitale
BETHESDA, Md.—LaSalle Hotel Properties has acquired Hotel Vitale in San Francisco, Calif., for $130 million. The company funded the acquisition with borrowings from its...