Tag: acquisition
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...