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Carey Watermark Acquires Hyatt Place Austin Downtown

Carey Watermark Acquires Hyatt Place Austin Downtown

NEW YORK—Carey Watermark Investors, a non-traded real estate investment trust (REIT) focused on investing in lodging and lodging-related properties, announced that it has acquired Hyatt Place Austin Downtown, a 296-room upscale select-service hotel, for $87 million. The acquisition was financed ...

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White Lodging Eyes Chicago for Hyatt Hotels

White Lodging Eyes Chicago for Hyatt Hotels

It looks like Chicago-based Hyatt will soon have two more branded properties opening up in its hometown. According to this report from Crain’s Chicago Business, White Lodging and Albert Friedman have plans to develop a Hyatt Place and Hyatt House ...

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White Lodging Investigates Data Breach

White Lodging Investigates Data Breach

Following the large-scale data breaches at retail stores including Target and Neiman Marcus, it now appears that hotels were similarly targeted. White Lodging, a hotel management company that maintains a portfolio of Marriott, Hilton, and Starwood properties is investigating a ...

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JW Marriott Austin Announces Topping Out

JW Marriott Austin Announces Topping Out

AUSTIN, Texas—JW Marriott Austin has announced that the hotel has reached its final construction height or “topped out.” When the JW Marriott Austin opens, it will be the largest hotel in Austin and the largest JW Marriott hotel in the ...

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