Tag: hotel acquisition
Procaccianti Companies Announces Acquisition of the Presidents’ Quarters
PROVIDENCE, Rhode Island—Procaccianti Companies announced the acquisition of the Presidents' Quarters and the development of the Sabal House Savannah. The project is a joint...
Opportunistic Outlook: Mehul Patel on NewcrestImage’s Acquisition Strategy
In 2022, NewcrestImage acquired nearly 90 hotels. Managing Partner and CEO Mehul Patel expects to top that number in 2023. To date, the Dallas,...
Sandpiper Lodging Trust Completes Acquisition of Five WoodSpring Suites
RICHMOND, Virginia—Sandpiper Lodging Trust (SLT) announced that it completed the acquisition of five operating hotels from affiliates Sandpiper Hospitality III, LLC, and Sandpiper Hospitality...
Mission Hill Hospitality Acquires Hanover Lebanon Courtyard by Marriott
DENVER, Colorado—Mission Hill Hospitality, a KSL Capital Partners portfolio company, announced it has acquired the Hanover Lebanon Courtyard by Marriott, a 124-key property located...
Legendary Capital Sponsors Holiday Inn Express & Suites Wichita Airport Acquisition
FARGO, North Dakota—Legendary Capital has sponsored the acquisition of the 84-room Holiday Inn Express & Suites Wichita Airport in a $ 7.4 million transaction....