A Closer Look at Three of 2017’s Biggest Hospitality Deals
As the old adage goes, patience is a virtue—a virtue that Wyndham Hotel Group exhibited in the acquisition of the Minnesota-based AmericInn brand—one of...
Deal Report: Five Hotel Acquisitions and Refinancings
Dovetail + Co Acquires Mainstay Hotel, Newport
Hotel developer Phil Hospod announced the launch of Dovetail + Co, a hotel ownership and development company focused...
Ashford Trust to Convert Key West Hotel into Marriott Autograph Collection Property
Dallas - Ashford Hospitality Trust, Inc. has entered into a new franchise agreement with Marriott International to convert its Crowne Plaza La Concha Key...
Gemstone Hotels and Resorts to Manage Nautical Beachfront Resort
LAKE HAVASU CITY, Ariz.—Gemstone Hotels & Resorts, a full-service hotel management company, announced it has assumed management of Nautical Beachfront Resort in Lake Havasu...
Maverick Hotels and Restaurants Adds Hyatt Rosemont O’Hare to Its Portfolio
CHICAGO—Maverick Hotels and Restaurants announced that it has added the Hyatt Rosemont O’Hare hotel in Rosemont, Illinois, to its portfolio of owned and managed...
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Driftwood Capital Secures Refinancing for Sheraton Park City Hotel
PARK CITY, Utah—Driftwood Capital announced it secured $33 million in refinancing for the Sheraton Park City hotel in Park City, Utah, a 200-key hotel...
Hilton Reports Q1 2024 Results
MCLEAN, Virginia—Hilton Worldwide Holdings Inc. reported its first quarter 2024 results. Highlights from the first quarter include:
Diluted EPS was $1.04 for the first quarter,...
stayAPT Suites Partners With Powerhouse Hotels for Brand Expansion
MATTHEWS, North Carolina—stayAPT Suites announced a significant expansion initiative in partnership with Powerhouse Hotels, a joint venture between JCap Realty Group and Cullinan Holdings....
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