Summit Hotel Properties Acquires Minneapolis Hampton Inn & Suites
AUSTIN, Texas—Summit Hotel Properties, Inc. has announced that it closed on the previously announced acquisition of the Hampton Inn & Suites located in Minneapolis,...
Centerbridge to Acquire Great Wolf Resorts
MADISON, Wis.—Great Wolf Resorts has entered into a definitive agreement and plan of merger with an affiliate of Centerbridge Partners whereby Centerbridge, a private...
Carey Watermark Acquires Westin Pasadena for $142.5 Million
NEW YORK—Carey Watermark Investors Incorporated (CWI) announced that it has acquired the Westin Pasadena hotel. The full-service hotel includes 350 guestrooms and is located...
AJ Capital Partners Acquires Doubletree Richmond Downtown
RICHMOND, Va.—AJ Capital Partners has announced that it has acquired the former Doubletree by Hilton Hotel Richmond Downtown in Richmond, Virginia. The property will...
The Setai Miami Beach Announces New Ownership
Miami Beach, Fla.—The Setai Miami Beach has announced new ownership by Nakash Holdings and the von Furstenberg family. Nakash Holdings is a privately held...
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IHG’s Garner Brand Grows Across Company’s EMEAA Region
LONDON—IHG Hotels & Resorts continued the growth of its newest midscale conversion brand Garner hotels, now available across IHG’s Europe, Middle East, Asia &...
CoStar: U.S. Hotel Rooms Construction Grows Year Over Year
WASHINGTON—The volume of U.S. hotel rooms under construction grew year over year for the first time since June 2023, according to CoStar's March 2024...
Wyndham Business Program Manages Company Travel
PARSIPPANY, New Jersey—Designed for businesses of all types and sizes, the Wyndham Business program manages companies' travel needs with the all-new Wyndham Rewards Business,...
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