InterContinental Mark Hopkins San Francisco Sells for $120 Million
InterContinental Hotels Group PLC (IHG) announced the sale of the 383 room InterContinental Mark Hopkins San Francisco to a joint venture between affiliates of...
Urban Commons Purchases 333-room Sheraton in Pasadena
LOS ANGELES—Urban Commons, together with Brighton Management, announced today the purchase of the 333-room Sheraton Pasadena. The full-service hotel is located in the premier...
Trump Purchases Doonbeg Golf Club in Ireland
NEW YORK—The Trump Organization announced the purchase of the Doonbeg Golf Club in County Clare, Ireland. The acquisition, which was highly sought after by...
Lodging Dynamics Acquires First Hotel Through New Fund
PROVO, Utah—Lodging Dynamics Hospitality Group announced its first acquisition through the company's affiliated equity fund, LD Hotel Group I LLC. The fund is raising...
Ashford Prime to Acquire Sofitel Chicago Water Tower
Ashford Hospitality Prime Inc. announced that it has signed a definitive agreement to acquire the 415-room Sofitel Chicago Water Tower for a total consideration...
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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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