Thayer Lodging Group Acquires the Ritz-Carlton, San Francisco
NEW YORK—Thayer Lodging Group, a privately held investment company, announced the first investment of Thayer Fund VI – the acquisition of the 338-room Ritz-Carlton...
Warwick International Hotels Acquires the Paradise Island Harbour Resort
NASSAU, Bahamas and PARIS—Warwick International Hotels (WIH) has acquired a four-star hotel located on Paradise Island in the Bahamas. The transaction is expected to...
Pebblebrook Acquires Hotel Palomar LA for $78.7 Million
BETHESDA, Md.—Pebblebrook Hotel Trust has acquired the Hotel Palomar Los Angeles – Westwood for $78.7 million. The 264-room, upper upscale, full-service boutique hotel is...
Carey Watermark Investors Acquires Westin Minneapolis
NEW YORK—Carey Watermark Investors Incorporated (CWI) announced that it has acquired the Westin Minneapolis hotel. The full-service hotel includes 214 guestrooms and is located...
American Realty Capital Hospitality Trust Acquires Two Hotels
NEW YORK—American Realty Capital Hospitality Trust, Inc. has completed the previously announced acquisition of two hotels for a purchase price of $59 million from...
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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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