Carey Watermark Acquires Sawgrass Marriott Golf Resort & Spa

NEW YORK—Carey Watermark Investors (CWI) has acquired, from an affiliate of Goldman Sachs and Petra Capital Management, the Sawgrass Marriott Golf Resort & Spa,...
Extended Stay America Arlington Six Flags, part of the Provident portfolio sale

Extended Stay America Sells 32 Hotels to Lodging Advisory Group and Provident Realty Advisors

CHARLOTTE, N.C.–Extended Stay America and ESH Hospitality together announced the completed sales of two portfolios totaling 32 branded Extended Stay America hotels. The company recently...
Le Méridien New Orleans

Stonebridge Expands in New Orleans With Le Méridien Acquisition

DENVER – Stonebridge Companies, a Denver-based, privately owned hotel owner, operator and developer, in partnership with an affiliate of Walton Street Capital, LLC, has...

Wheelock Street Capital Acquires Dallas Marriott

GREENWICH, Conn.—Wheelock Street Capital announced that an affiliate of the company acquired the 547-key Dallas/Addison Marriott Quorum by the Galleria hotel located in the...

Mumford Company Continues on Robust Path with Multiple Sales

Newport News, Va. — Mumford Company closed 10 transactions in the last several weeks, continuing the robust activity seen so far this year. Several...
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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...
Q1 2024 results

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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