Tag: acquisition
Apple Hospitality REIT Acquires Two Salt Lake City Hotels
RICHMOND, Virginia—Apple Hospitality REIT, Inc. announced the acquisition of the 175-room Courtyard by Marriott Salt Lake City Downtown for approximately $48.1 million, or $275,000...
Stockdale Capital Partners Acquires the InterContinental Houston
LOS ANGELES—Stockdale Capital Partners acquired InterContinental Houston, a 354-key hotel built in 2019 and located in Houston, Texas. The property is within close proximity...
MDO Acquires HelloGM, Grows Back-Office Automation
ATLANTA, Georgia—MDO has grown its back-office automation and business intelligence capabilities with the acquisition of HelloGM.
HelloGM enables hotel operators to understand property-level operating performance...
First Hospitality to Acquire Hostmark Hospitality Group
CHICAGO—First Hospitality announced an agreement to acquire the majority of the hotel management agreements of Hostmark Hospitality Group, headquartered in Schaumburg, Illinois. This move...
MCR/MORSE Development Acquires Gramercy Park Hotel
NEW YORK—MCR acquired the Gramercy Park Hotel in New York City. MORSE Development, which developed the TWA Hotel at New York City’s JFK Airport,...