Park Hotels To Acquire Chesapeake Lodging Trust for $2.7 Billion
ARLINGTON, Va.—Park Hotels & Resorts and Chesapeake Lodging Trust today announced that they have entered into a definitive merger agreement under which Park will...
Deal Report: Four of This Week’s Hotel Deals and Acquisitions
HREC Arranges Sale of Hawthorn Suites by Wyndham in Orlando
HREC Investment Advisors has arranged the sale of the 176-guestroom Hawthorn Suites by Wyndham Orlando...
Asset Managers Mostly Concerned With Rising Labor Costs
The Hospitality Asset Managers Association (HAMA) recently hosted its 2019 Spring Conference at the Marriott Marquis, Washington, D.C. from April 4-5. During the conference,...
Deal Report: Nine Hotel Acquisitions and Financings
Joint Venture Acquires Nashville Airport DoubleTree
Wexford Lodging Advisors and Trinity Private Equity Group acquired the 138-suite DoubleTree Suites by Hilton Nashville Airport. The joint...
This Week’s Hotel Deals
DAD Acquires Marriott Mission Valley in San Diego
Driftwood Acquisitions and Development (DAD) has entered the California market with its $85.7 million acquisition of the 353-key...
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CoStar: Solar Eclipse Positively Impacts U.S. Hotel Performance
WASHINGTON—Helped by the total solar eclipse, U.S. hotel performance increased from the previous week, according to CoStar's latest data through April 13, 2024.
U.S. Hotel...
IHG Hotels & Resorts Implements Apple AirPlay at North American Hotels
NEW YORK—IHG Hotels & Resorts launched Apple AirPlay in the first phase of hotel rooms, giving guests the ability to stream content privately from...
Davidson Hospitality Group Recommits to Sustainability
ATLANTA, Georgia—Davidson Hospitality Group announced its renewed commitment to sustainability and conservational efforts through streamlined engineering management, strategic operational partnerships, food and beverage programs,...
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