Xenia Hotels & Resorts Acquires The Ritz-Carlton Denver for $100 Million
ORLANDO, Fla.—Xenia Hotels & Resorts today announced its acquisition of The Ritz-Carlton, Denver, for a purchase price of $100.25 million—approximately $496,000 per key. The...
Berkadia Completes $46.5 Million Sale of Three-Hotel Portfolio
LOS ANGELES and WASHINGTON, D.C. – Berkadia's Hotels & Hospitality group announced the $46.5 million sale of a three-hotel property portfolio consisting of a...
IHT Sells its Subsidiary, IBC Hotels, to OBASA Capital Investments
PHOENIX—On August 15, 2018, InnSuites Hospitality Trust, through InnSuites Hotels, Inc., entered into an agreement to sell its wholly-owned subsidiary, IBC Hotels to a...
Amadeus Agrees To Acquire TravelClick for $1.52 Billion
MADRID—Amadeus has agreed to acquire TravelClick from Thoma Bravo, a private equity investment firm, for $1.52 billion. As part of the acquisition, approximately 1,100...
Ashford Completes Acquisition of Remington’s Project Management Business
DALLAS—Ashford Inc. has completed its previously announced acquisition of Remington Holdings, L.P.'s project management business. The transaction is part of Ashford's strategy to add...
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Five Markets With the Most Hotel Construction
Analysts at Lodging Econometrics recently reported the top five markets with the largest hotel construction pipelines for the third quarter of 2018. The number...
15 Women Moving Up Hospitality’s Career Ladder
Over the past few years, more and more women seem to be climbing to the top ranks of the hotel industry. This isn’t a coincidence—woman...
14 Hotel Companies Among 2019 Best Employers for Diversity
Fourteen hotel companies are among this year's Best Employers for Diversity, according to Forbes magazine. The list, which recognizes organizations for their commitment to...
The Room Key: How To Handle an Angry Guest
The Room Key is LODGING's advice column for hoteliers, managers, and team members at all levels of hospitality. Experts will answer questions on everything from...
