Apple Hospitality REIT takes steps to mitigate impact of COVID-19
Apple Hospitality REIT, Inc. (NYSE: APLE) announced that it has taken steps to mitigate the impact of the novel coronavirus (COVID-19) outbreak on its...
Park Central San Francisco to rebrand under Hyatt Regency
Hyatt Hotels Corporation announced today that a Hyatt affiliate has entered into a franchise agreement with 50 Third Street Owner LP for Park Central San...
Hyatt to buy Apple Leisure Group for $2.7bn
Hyatt Hotels Corporation is acquiring Apple Leisure Group (ALG), a luxury resort-management services, travel and hospitality group, from affiliates of each of KKR and KSL Capital...
Covivio signs MoU with B&B Hotels for 31 properties in France
Covivio, through its subsidiary Covivio Hotels, has signed a memorandum of understanding(MoU) with B&B HOTELS for the takeover and sale-lease of 31 hotel operating...
CPP Investments, Hamilton JV invests €172m in luxury Rome hotel
A joint venture between Canada Pension Plan Investment Board (CPP Investments) and Hamilton – Pyramid Europe has acquired its first hotel, the W Rome,...
Realty Income to invest $950m in Bellagio Las Vegas
Realty Income has agreed to invest approximately $950 million to acquire common and preferred equity interests from BREIT in a new joint venture that...
Trinity teams up with Oaktree and UBS AM for Zurich hotel investment
U.S. investment firm Trinity Investments has partnered with Oaktree Capital Management and UBS Asset Management to acquire the Park Hyatt Zurich, a 138-room luxury hotel...
Pebblebrook Hotel Trust sells Hotel Palomar Washington
Pebblebrook Hotel Trust has sold the 335-room, Hotel Palomar Washington, DC for $141.5 million. The sale price of $141.5 million reflects a 14.9x EBITDA multiple...
Radisson Hotel Group to open resort in Kent, UK
Radisson Hotel Group has announced a partnership with The London Resort, a global entertainment destination due to open in 2024. Radisson Hotel Group will...
Hyatt announces plans for first property in Finland
-Hyatt Announces Plans for First Property in Finland With Grand Hansa Hotel -Grand Hansa Hotel in Helsinki will mark the introduction of The Unbound Collection...
