Roedel Companies Purchases The Hotel Saranac
WILTON, N.H.—New Hampshire-based hotel owner/operators Roedel Companies has announced that they have purchased the Hotel Saranac in Saranac Lake, N.Y. To assist in the...
Noble Acquires the Q Hotel in Westport Kansas City
ATLANTA—Noble Investment Group announced the acquisition of the Q Hotel located in the historic Westport District of Kansas City, Mo. The 123-room hotel will...
BC LYND and CrossHarbor Acquire Six Marriott Hotels
SAN ANTONIO—BC LYND Hospitality, a full service hotel management and investment company, and CrossHarbor Capital Partners have joined together to extend their respective national...
Investor Group Acquires Napa Valley’s Calistoga Ranch
MILL VALLEY, Calif.—Auberge Resorts, a developer and operator of boutique luxury resorts and private clubs, announced the acquisition of the 50-room Calistoga Ranch, the...
Sotherly Hotels Acquires Crowne Plaza Houston Downtown
WILLIAMSBURG, Va.—Sotherly Hotels announced that the company has acquired the entity which owns the Crowne Plaza Houston Downtown Hotel for $30.65 million in cash...
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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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