RLJ to Acquire 10-Hotel Portfolio From Hyatt
BETHESDA, Md.—RLJ Lodging Trust and Hyatt Hotels Corporation announced that Hyatt affiliates have entered into a definitive purchase and sale agreement for RLJ to...
Outrigger Acquires Two Fiji properties
HONOLULU, Hawaii—Hawaii-based Outrigger Hotels and Resorts continues to expand its global portfolio with the announcement that it has purchased from its partner, Geoffrey Shaw,...
Starwood Sells Off St. Regis Bal Harbour Resort
STAMFORD, Conn.—Starwood Hotels and Resorts Worldwide and Al Rayyan Tourism Investment Company (ARTIC), the international hospitality subsidiary of Al Faisal Holding Company, one of...
Cachet Hotel Group Takes Full Ownership of URBN Brand
SHANGHAI—Cachet Hotel Group (CHG) announced the completion of the acquisition of URBN Hotel in Shanghai by CHG's co-founder Robert Roche. The transaction was announced...
Starwood Capital Group Acquires Four Pillars Hotels
GREENWICH, Conn.—A fund affiliated with Starwood Capital Group, a global private investment firm, announced that it has acquired UK hotel owner and operator Four...
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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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