Tag: acquisition
sbe Sells 50 Percent Stake to AccorHotels in $319 Million Deal
NEW YORK—sbe Entertainment Group, the owner of hospitality brands including SLS, Delano, Mondrian, Hyde, Katsuya, and Cleo, has closed on the strategic sale of a...
Hogan Hospitality Group Acquires Marin Management Inc.
HONOLULU—Hogan Hospitality Group (HHG), a hotel management company with flagship properties in the state of Hawaii, has obtained a majority interest in Marin Management...
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...