Deal Report: This Week’s Hotel Sales and Acquisitions
Rockbridge Acquires Halcyon Hotel in Denver
Rockbridge this week announced the acquisition of Halcyon in Cherry Creek, Denver’s affluent submarket and high-end shopping district, from...
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...
Hyatt Plans to Acquire Two Roads Hospitality
CHICAGO–Hyatt Hotels Corporation today announced an agreement to acquire Two Roads Hospitality, an international lifestyle hotel management company. Under the terms of the transaction, all...
LaSalle Agrees to Merge With Pebblebrook in a $5.2 Billion Deal
BETHESDA, Md.—After months of negotiations, Pebblebrook Hotel Trust and LaSalle Hotel Properties today jointly announced that they have entered into a definitive merger agreement...
AccorHotels To Purchase an 85 Percent Stake in 21c Museum Hotels for $51 Million
AccorHotels announced that it has signed an agreement to acquire 85 percent of 21c Museum Hotels, a hospitality management company pushing the boundaries of...
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Choice Hotels Publishes 2023 ESG Report
NORTH BETHESDA, Maryland—Choice Hotels International, Inc. published its 2023 Environmental, Social, and Governance Report. The report details Choice's latest initiatives to drive sustainability across...
World of Hyatt Platform Adds More Than 700 Properties From Mr & Mrs Smith
CHICAGO—Hyatt Hotels Corporation announced that World of Hyatt is offering members access to earn and redeem at a collection of more than 700 boutique...
Lodging Econometrics: U.S. Hotel Construction Pipeline Shows Robust Growth
As seen in the Q1 2024 U.S. Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), at the end of the first quarter, there...
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