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...
Blackstone and Starwood Capital Group Acquire Extended Stay America
CHARLOTTE, North Carolina—Extended Stay America, Inc. (ESA) and its paired-share REIT, ESH Hospitality, Inc. (ESH and, together with ESA, Extended Stay) announced the completion...
Pyramid Hotel Group Added 25 Hotels to its Portfolio Since June 2020
BOSTON—Pyramid Hotel Group, a worldwide hotel management company, has completed its 25th hotel portfolio addition, amounting to 25 hotels in its portfolio since June...
Blackstone and Starwood Capital to Acquire Extended Stay America for $6 Billion
CHARLOTTE, N.C. — Extended Stay America, Inc. (ESA) and its paired-share REIT, ESH Hospitality, Inc. (ESH) today announced that it has signed a definitive...
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An Inside Look at Mattresses: Delving Into the Technology Prior to Procurement
A high-quality mattress promotes the restful sleep that is one of the fundamental offerings of the hotel industry. But even top-tier mattresses eventually need...
Accor Releases Q1 2024 Results
The first quarter of 2024 demonstrated the hotel demand in all Accor Group regions and segments. Operating performance indicators (RevPAR and portfolio growth) are...
Hilton Garden Inn Atlanta East/Stonecrest Completes Renovation
STONECREST, Georgia—Artemis Hotel Group announced the completion of a full-scale renovation for the Hilton Garden Inn Atlanta East/Stonecrest, located in Lithonia, Georgia.
The 110-room property...
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