Tag: deal
Kabani Hotel Group Announces Sale of La Playa Hotel Redevelopment
MIAMI, Florida—The Kabani Hotel Group announced the sale of the La Playa Hotel redevelopment in Daytona Beach, Florida. The property is a 10-story building...
Apple Hospitality REIT Sells Nine Hotels for $95 Million
RICHMOND, Va.—Apple Hospitality REIT recently announced that it completed a nine-hotel portfolio sale for a total sales price of $95 million on March 28,...
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...
Azul to Manage Eight Pinnacle Properties
San Diego, Calif.—Azul Hospitality Group (Azul) and Pinnacle Hotels USA (Pinnacle) have entered into an agreement for Azul to manage eight Pinnacle properties under...
Two-Property Hotel Portfolio Sold in Grapevine, Texas
GRAPEVINE, Texas–Marcus & Millichap, a commercial real estate investment services firm, has announced the sale of a two-property, 190-room hotel portfolio in Grapevine, Texas,...