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LaSalle Agrees to Merge With Pebblebrook in a $5.2 Billion Deal

LaSalle Agrees to Merge With Pebblebrook in a $5.2 Billion Deal

BETHESDA, Md.—After months of negotiations, Pebblebrook Hotel Trust and LaSalle Hotel Properties today jointly announced that they have entered into a definitive merger agreement under which Pebblebrook will acquire 100 percent of LaSalle’s outstanding common shares. LaSalle has terminated its ...

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Wyndham Completes La Quinta Acquisition

Wyndham Completes La Quinta Acquisition

PARSIPPANY, N.J.—Wyndham Worldwide Corporation today announced that its subsidiary, Wyndham Hotels & Resorts, has completed its previously announced acquisition of La Quinta Holdings’ hotel franchising and hotel management business. The addition of La Quinta’s over 900 franchised hotels with a ...

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La Quinta Completes CorePoint Lodging Spin-Off

La Quinta Completes CorePoint Lodging Spin-Off

IRVING, Texas—CorePoint Lodging Inc. today announced the completion of its spin-off from La Quinta Holdings Inc. into a stand-alone public company. The real estate investment trust (REIT) now holds a geographically diverse portfolio of 316 hotels that were previously owned ...

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Wilson Hotel Management and Valor Hospitality Partners To Merge

Wilson Hotel Management and Valor Hospitality Partners To Merge

ATLANTA—Kemmons Wilson Companies (KWC) announced that it will merge its hotel management operations—the company’s wholly-owned subsidiary, Wilson Hotel Management, LLC—with Valor Hospitality Partners. In addition, KWC will be making a substantial investment in the combined entity, which, along with the ...

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Checking In With Mark Zettl

Checking In With Mark Zettl

Waterton Residential and Ultima Hospitality operated as separate subsidiaries until fall 2016, when the two platforms were merged to form a single entity, Waterton. Since then, the company has created synergies for both divisions to optimize the guest experience. Waterton ...

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