Tag: acquisitions
AccorHotels Purchases Three Hotel Asset Portfolios
Under HotelInvest, AccorHotels has announced the purchase of three hotel asset portfolios in Europe representing 29 hotels (3,677 rooms), for a total of approx...
Fairmont San Francisco Interests Sell for $450 million
SAN FRANCISCO—The companies that own world renowned Fairmont San Francisco Hotel atop Nob Hill were sold for $450 million by a partnership between funds...
Blackstone Group Sells London Hotel for $382 Million
Blackstone Group has sold the London Hotel in Midtown to a sovereign wealth fund for $382 million, reports the New York Post. The transaction...
Buccini/Pollin Enters Philadelphia Market
Buccini/Pollin has entered the Philadelphia market with a number of acquisitions, including the Omni Hotel Independence Park in Old City. Today, the company expects...
Carey Watermark Acquires Le Meridien Dallas
NEW YORK—Carey Watermark Investors Incorporated (CWI 1) announced that it has acquired Le Meridien Dallas, The Stoneleigh. The historic hotel includes 176 guestrooms and...