Tag: private equity
Hotel Equities and Virtua Partners Form 33 Degrees
Alpharetta, Ga. — Hotel Equities and affiliated global private equity group Virtua Partners officially announced the launch of 33 Degrees, a master brand encompassing...
Why Private Equity Firms Are Buying Boutique Hotels
In January 2017, Alvotel purchased the historic Gran Hotel de Sóller on the Spanish island of Mallorca for 10 million Euros. Built in the late...
Equity Funds Invest $7.4 Billion in 2014
In 2014, investment totaled $22 billion in the United States for hotels with a reported selling price, according to Lodging Econometrics. Equity funds were...