Tag: hotel acquisitions
Loews Purchases Graves 601 Hotel Wyndham Grand
NEW YORK—Loews Hotels & Resorts has entered into an agreement to purchase the 255-room Graves 601 Hotel Wyndham Grand from the Graves Hospitality Corporation....
Lodging Dynamics Acquires First Hotel Through New Fund
PROVO, Utah—Lodging Dynamics Hospitality Group announced its first acquisition through the company's affiliated equity fund, LD Hotel Group I LLC. The fund is raising...
Private Equity Firms Are Big Buyers in Lodging Industry
Blackstone, Apollo, Starwood Capital, and Oaktree have acquired a serious number of hotels. That's not something we're unaware of, but according to this report...
RLJ Lodging Trust Acquires the Courtyard by Marriott Waikiki Beach
BETHESDA, Md.—RLJ Lodging Trust announced that it acquired the long-term leasehold interest in the 399-room Courtyard by Marriott Waikiki Beach for a purchase price...
Interstate Hotels & Resorts Acquires Orlando, Fla. Resort
ARLINGTON, Va.—Interstate Hotels & Resorts has expanded its portfolio with the addition of the Radisson Resort Orlando – Celebration. The acquisition of the 718-room...