MHG Hotels Acquires Courtyard West Palm Beach Airport
WEST PALM BEACH, Florida—MHG Hotels announced the recent acquisition of Courtyard West Palm Beach Airport, marking a milestone in the company's growth. The property...
Parks Hospitality Holdings Acquires Boston Park Plaza
BOSTON, Massachusetts—Parks Hospitality Holdings confirmed the acquisition of the Boston Park Plaza. Located in Boston's central Back Bay neighborhood, the 1,060-key property will see...
NewcrestImage Acquires Three Courtyard Hotels
NewcrestImage acquired three Courtyard by Marriott hotels from W.P. Carey. Two properties—Albuquerque International Sunport and Indianapolis International Airport—have already closed, while Chicago O’Hare International...
Apple Hospitality REIT Acquires Two Salt Lake City Hotels
RICHMOND, Virginia—Apple Hospitality REIT, Inc. announced the acquisition of the 175-room Courtyard by Marriott Salt Lake City Downtown for approximately $48.1 million, or $275,000...
Stockdale Capital Partners Acquires the InterContinental Houston
LOS ANGELES—Stockdale Capital Partners acquired InterContinental Houston, a 354-key hotel built in 2019 and located in Houston, Texas. The property is within close proximity...
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Controlling Utility Costs: Volatile Market Conditions Call for a Focus on Contracts and Energy...
Over the past four years, utility costs at U.S. hotels have increased at a pace greater than total operating revenue. As a result, utility...
The Bentley Hotel Southampton to Join JdV by Hyatt Brand
CHICAGO, Illinois—Hyatt Hotels Corporation announced The Bentley Hotel Southampton has officially joined the Hyatt portfolio as an affiliated hotel, in collaboration with Bijal Hospitality,...
Gale Miami Hotel and Residences Partners With Stayntouch
BETHESDA, Maryland—Stayntouch announced a new partnership with Gale Miami Hotel and Residences, a 51-story, 688-room hybrid apartment/hotel in downtown Miami, Florida, set to open...
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