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Profitability

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,...
AccorHotels

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 Hyatt Regency North Dallas

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...
Hampton Inn & Suites in Grapevine, Texas

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,...
Wyndham and Platinum Equity

Wyndham to Sell European Vacation Rental Business

PARSIPPANY, N.J.—Wyndham Worldwide Corporation today announced that it has entered into a definitive agreement for the sale of its European vacation rental business to...
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