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HREC Arranges Sale of Marriott SpringHill Suites Las Cruces

HREC Arranges Sale of Marriott SpringHill Suites Las Cruces

Denver, Colo. and San Diego, Calif.–HREC Investment Advisors has arranged the sale of the 101-suites Marriott SpringHill Suites Las Cruces in New Mexico. The buyer is a California-based investor who owns and operates a hotel portfolio throughout the Southwest under major ...

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Avendra to be Acquired by Aramark

Avendra to be Acquired by Aramark

Rockville, Md.–Avendra, a North American hospitality procurement services provider, announced that its board of managers reached a binding agreement with Aramark Corporation to sell the company to Aramark for $1.35 billion. Avendra is owned by founding shareholders Marriott International, Hyatt, ...

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