Tag: transactions
Stonehill Plans to Open an Office in Los Angeles
ATLANTA—Stonehill this month announced that it has closed 14 transactions, totaling more than $175 million year-to-date through 2018. The company expects to close on...
Hotel Transactions Off to Slow Start in First Quarter
Despite some hefty mergers and acquisitions in the news recently, 2016’s transaction activity is off to a slow start. According to Lodging Econometrics’ latest...
Concord Hospitality Sells 13-Hotel Portfolio for $240M
RALEIGH, N.C.—Concord Hospitality Enterprises has announced the sale of a portfolio of 13 premium-branded, select-service hotels to companies owned by a global investment fund...
NYC’s Standard Hotel to Fetch $400 Million
If hotel executives weren't convinced that the lodging industry is back and beating pre-recession levels, maybe this news coming out of New York will...