Pebblebrook Acquires the Revere Hotel Boston Common
BETHESDA, Md.—Pebblebrook Hotel Trust has acquired the Revere Hotel Boston Common, an attached 826-space parking garage, and an adjacent land parcel for $260.4 million....
NewcrestImage Acquires Two Hyatt Places in Texas
NewcrestImage has acquired two Hyatt Place hotels in Texas—the 127-room property on Dallas Parkway in Plano and the 126-room property on Hyatt Park Drive...
Noble Acquires 11 Hotels from McKibbon
ATLANTA—Noble Investment Group has closed on the acquisition of 10 Marriott and one Hilton premium branded select service and extended stay hotels from McKibbon...
Hyatt Regency Vancouver Sold for $123 Million
CHICAGO—An affiliate of Hyatt Hotels Corporation has sold the 644-room Hyatt Regency Vancouver to InnVest Real Estate Investment Trust for approximately $123 million or...
RLHC Acquires Baltimore Property for First Hotel RL
SPOKANE, Wash.—Red Lion Hotels Corporation (RLHC) announced today the company has acquired an adaptive reuse property located at Baltimore’s Inner Harbor in Maryland. Currently...
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Controlling Utility Costs: Volatile Market Conditions Call for a Focus on Contracts and Energy...
Over the past four years, utility costs at U.S. hotels have increased at a pace greater than total operating revenue. As a result, utility...
The Bentley Hotel Southampton to Join JdV by Hyatt Brand
CHICAGO, Illinois—Hyatt Hotels Corporation announced The Bentley Hotel Southampton has officially joined the Hyatt portfolio as an affiliated hotel, in collaboration with Bijal Hospitality,...
Gale Miami Hotel and Residences Partners With Stayntouch
BETHESDA, Maryland—Stayntouch announced a new partnership with Gale Miami Hotel and Residences, a 51-story, 688-room hybrid apartment/hotel in downtown Miami, Florida, set to open...
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