Tag: real estate
First Big Break: Lee Pillsbury’s Inside Track to Success
When then-president of Marriott Hotels Fred Malek brought Lee Pillsbury into the senior executive ranks in the early ‘80s, Pillsbury was general manager of...
Xenia Sells Hyatt Regency Orange County for $137 Million
ORLANDO—Xenia Hotels & Resorts, Inc. has announced that it has sold the 656-room Hyatt Regency Orange County in Garden Grove, Calif. for a price...
Starwood Sells Westin Excelsior Rome for $251 Million
Starwood Hotels & Resorts Worldwide, Inc. announced it has agreed to sell The Westin Excelsior Rome to Katara Hospitality for $251 million.
As part of...
Hotel Earnings More Robust as Transactions Increase
The halfway point of 2015 marked further growth for the lodging industry. Hotel transaction volume increased modestly during the first half of 2015 as...
La Quinta Sells 24 Properties
IRVING, Texas—La Quinta Holdings Inc. today announced that it has signed a definitive purchase and sale agreement to sell 24 owned hotels. This portfolio...