Carey Watermark Investors Acquires Ritz-Carlton Philadelphia
NEW YORK—Carey Watermark Investors Incorporated announced that it has acquired a majority interest in the 299-room Ritz-Carlton Philadelphia in a joint venture with Philadelphia...
Starwood Capital Acquires 50 Locations for InTown Suites Brand
GREENWICH, Conn.—Starwood Capital Group has announced that it has acquired a portfolio of 50 U.S. economy extended-stay locations from Mount Kellett Capital Management LP...
Carey Watermark Investors 2 Acquires Courtyard Nashville Downtown
NEW YORK—Carey Watermark Investors 2 Incorporated (CWI 2) has acquired the historic Courtyard Nashville Downtown, a select-service hotel that includes 192 guestrooms and is...
Enchantment Group Expands to the Caribbean
SCOTTSDALE, Ariz.—Enchantment Group, a hospitality management company focused on resort destinations, announced today that, with their partners, they have acquired The Cove, a luxury...
RLHC to Acquire GuestHouse and Settle Inn
The RLHC portfolio is about to double on the heels of an $8.5 million acquisition. On April 23, RLHC (Red Lion Hotel Corporation) announced...
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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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