Xenia Hotels & Resorts to sell seven-hotel portfolio for $483m
Xenia Hotels & Resorts, Inc., a self-advised and self-administered REIT, owns 39 hotels comprising 11,245 rooms across 16 states in the U.S announced that...
Commerz Real buys hotel in Kyoto, Japan for €200m
Commerz Real, a subsidiary of Commerzbank AG, has acquired a hotel, Onyado Nono in Kyoto, Japan for €200 million for its open-ended real estate...
Pebblebrook Hotel Trust, SH Hotels announce 1 Hotel San Francisco
Pebblebrook Hotel Trust, a publicly traded real estate investment trust(REIT) and SH Hotels & Resorts announced the property redevelopment plan at Hotel Vitale in San...
European hotel real estate investment hits record in 2019
European hotel real estate investment increased by 13.9 percent year-on-year in Q4 2019, reached to a record-breaking €27.8 billion, according to the latest data...
Hilton Hotel in The Hague sold for €70m
Avignon Capital, the European investment and asset management firm, has acquired the Hilton Hotel, located in The Hague from Hillgate Development and the Bon...
Pebblebrook Hotel Trust to sell two hotels in US for $331m
Pebblebrook Hotel Trust, a publicly traded real estate investment trust (REIT), announced it has agreed to sell two hotels, the 422-room InterContinental Buckhead Atlanta...
CapitaLand’s Ascott opens serviced residence in Osaka
CapitaLand’s wholly owned lodging business unit, The Ascott Limited (Ascott),has opened its first Citadines serviced residence in Osaka, Japan. Ascott is operating the property...
H.I.G. Capital announces investment in Portopiccolo, Italy
H.I.G. Capital, LLC announced that one of its affiliates has recently completed an investment in Portopiccolo, a state of the art, self-contained luxury complex...
Caesars, VICI Properties sell Harrah’s Reno for $50m
Caesars Entertainment and VICI Properties have signed an agreement to sell Harrah’s Reno Hotel and Casino to an affiliate of CAI Investments for $50...
Blackstone, MGM Growth form JV to acquire Las Vegas real estate assets for $4.6bn
MGM Growth Properties LLC (MGP) and Blackstone Real Estate Income Trust, Inc. (BREIT) have entered into a definitive agreement to form a new joint venture to...
