Tag: acquisition
MCR Development Acquires 18-Hotel Portfolio for $206M
MCR Development has acquired a portfolio of 18 Marriott and Hilton hotels for approximately $206 million. Collectively, the portfolio represents 1,787 rooms across 11...
Expedia to Acquire Orbitz Worldwide for $1.6 Billion
Today, Expedia Inc. announced that the company will acquire Orbitz Worldwide Inc. and all of its associated brands for $12 cash per share, an...
Carey Watermark Acquires Courtyard Times Square West
NEW YORK—Carey Watermark Investors Incorporated, a non-traded real estate investment trust focused on investing in lodging properties, announced that it has acquired the Courtyard...
Accor Purchases 97 Hotels In Europe
Accor announced that its HotelInvest business has agreed to purchase two real estate portfolios representing 86 and 11 hotels respectively (12,838 rooms) for a...
Interval Leisure Group to Acquire Hyatt Residential Group
MIAMI & CHICAGO—Interval Leisure Group and Hyatt Hotels Corporation have announced their affiliates have signed a definitive agreement for ILG to purchase Hyatt Residential...