AJ Capital Partners Acquires Dahlman Campus Inn
ANN ARBOR, Mich.–AJ Capital Partners announced today that it has acquired The Dahlmann Campus Inn in Ann Arbor, Mich. The 14-story, 204-room full service...
RAR Hospitality Acquires Holiday Inn Express Tempe
TEMPE, Ariz.—In partnership with PacVentures, San Diego-based RAR Hospitality has acquired The InterContinental Hotels Group (IHG)-affiliated Holiday Inn Express & Suites Tempe, marking their...
Hotel Earnings More Robust as Transactions Increase
The halfway point of 2015 marked further growth for the lodging industry. Hotel transaction volume increased modestly during the first half of 2015 as...
Blackstone Buys Strategic Hotels for $6 Billion
CHICAGO—Strategic Hotels & Resorts, Inc. has announced that it has entered into a definitive agreement with affiliates of Blackstone Real Estate Partners VIII L.P.,...
La Quinta Sells 24 Properties
IRVING, Texas—La Quinta Holdings Inc. today announced that it has signed a definitive purchase and sale agreement to sell 24 owned hotels. This portfolio...