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Mehul Patel

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,...
acquisitions

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...
Hanover Lebanon Courtyard by Marriott

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...
acquisitions

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....
Doubletree by Hilton Hotel Bend

Braintree Group Acquires Doubletree by Hilton Hotel Bend

BOISE, Idaho—Braintree Group announced it acquired the DoubleTree by Hilton Hotel Bend, located in Bend, Oregon. The 117-room property has an indoor swimming pool, fitness...
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