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...
Marriott Vacations Worldwide Completes Acquisition of ILG
ORLANDO and MIAMI—Marriott Vacations Worldwide has completed the previously announced acquisition of ILG, Inc., a provider of professionally delivered vacation experiences. As consideration for...
Berkadia Completes $46.5 Million Sale of Three-Hotel Portfolio
LOS ANGELES and WASHINGTON, D.C. – Berkadia's Hotels & Hospitality group announced the $46.5 million sale of a three-hotel property portfolio consisting of a...
Ashford Completes Acquisition of Remington’s Project Management Business
DALLAS—Ashford Inc. has completed its previously announced acquisition of Remington Holdings, L.P.'s project management business. The transaction is part of Ashford's strategy to add...
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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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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