Tag: transactions
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...
Accor Sells Two MGallery hotels in Germany and the Netherlands
As part of its asset management strategy, Accor announced a sale and lease back agreement concerning the MGallery Mondial Am Dom in Cologne (207...