Thompson Chicago Acquired by Oxford Capital Group
CHICAGO—Oxford Capital Group, LLC announced the acquisition of the 247-room lifestyle hotel Thompson Chicago. Oxford Capital Group’s wholly-owned affiliate, Oxford Hotels & Resorts, LLC,...
Peachtree Has Acquired $1 Billion in Distressed and Stressed Assets
ATLANTA—Peachtree Hotel Group (Peachtree), a real estate private equity investment firm, announced that it has acquired more than $1 billion in stressed and distressed...
Flynn Properties and Värde Partners Acquire 20 Select-Service Hotels
SAN FRANCISCO, California, and MINNEAPOLIS, Minnesota—Flynn Properties Inc. (Flynn), owner of commercial real estate, luxury resorts, and select-service hotel properties in the United States...
Chatham Lodging Trust Acquires Two Austin-Based Hotels
WEST PALM BEACH, Florida— Chatham Lodging Trust, a hotel real estate investment trust (REIT) focused on investing in upscale, extended-stay hotels and select-service hotels,...
Atwell Suites Austin Airport Planned by IHG Hotels & Resorts
ATLANTA—IHG Hotels & Resorts announced that its newest brand—Atwell Suites—continues to grow with the latest property planned for Austin, Texas. The Atwell Suites Austin...
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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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