Sabre Corporation Acquires Nuvola
SOUTHLAKE, Texas—Sabre Corporation announced its acquisition of Nuvola, a provider of hotel service optimization and guest engagement software to hoteliers worldwide. The transaction includes...
Brookfield Real Estate Funds to Acquire Watermark Lodging Trust
CHICAGO—Watermark Lodging Trust, Inc. (Watermark) announced that it has entered into a definitive agreement with private real estate funds managed by Brookfield (Brookfield), under...
Benchmark Pyramid to Acquire Provenance Hotels
BOSTON, THE WOODLANDS, and PORTLAND—Benchmark Pyramid and Provenance Hotels (Provenance) announced the signing of a definitive agreement under which Benchmark Pyramid will acquire Portland,...
Remington Hotels Acquires Chesapeake Hospitality
DALLAS—Remington Hotels has acquired Chesapeake Hospitality’s hotel management expertise. With 65 years of experience helping hotel owners and real estate investors in the eastern...
JLL: Hotel Investment Outlook Projects Continued Industry Recovery
CHICAGO—After a turbulent 2020, the hotel industry saw an acceleration into recovery in 2021, which is projected to continue, despite operational hurdles and inflationary...