Colony Capital announces the sale of hospitality portfolios
Colony Generates Significant Strategic and Financial Benefits on Exit From Hospitality Business
Sale Represents Key Milestone in Colony Capital’s Digital Transformation
Colony Capital, Inc. (NYSE: CLNY)...
Capco to sell hotel development in Covent Garden for £76.5m
Capital & Counties Properties PLC (Capco) has exchanged contracts to sell the Wellington block, a freehold island site located on the south east corner...
Covivio completes acquisition of eight hotels for €573m
Covivio announced it has completed the acquisition of the portfolio of eight hotels located in Rome, Florence, Venice (x2), as well as in Nice,...
Service Properties Trust to transfer 103 hotels to Sonesta from IHG
-Rebranding Hotels to Sonesta Expected to Improve SVC Operating Results
-IHG Failed to Pay Owner’s Priority Returns to SVC for July and August
Service Properties Trust (Nasdaq:...
Apple Hospitality REIT buys two Hyatt hotels in Tempe, Arizona
Apple Hospitality REIT said it has acquired the new 105-room Hyatt House and 154-room Hyatt Place in Tempe, Arizona for $64.6 million.
“We are pleased...
Ascott Residence Trust to sell serviced residences for S$191.4m
Singapore-listed hospitality trust Ascott Residence Trust (ART) has entered into two conditional agreements to sell serviced residences, Ascott Guangzhou in China and Citadines Didot...
Eldorado Resorts announces FTC clearance for pending merger with Caesars
Eldorado Resorts, Inc. (NASDAQ: ERI) (“Eldorado,” “Eldorado Resorts” or the “Company”) announced today that the Federal Trade Commission (the “FTC”) has accepted a proposed...
Hilton signs agreement with Country Garden to expand Home2 Suites brand in China
Hilton has signed a management license agreement with Funyard Hotel Investment (Asia) Limited, a subsidiary of Chinese property giant Country Garden to introduce and...
Ascott Residence Trust to join international real estate investment index
Ascott Residence Trust (ART), the hospitality trust in Asia Pacific, announced it will be included in the FTSE EPRA Nareit Global Real Estate Index...
Pebblebrook Hotel Trust to sell historic landmark hotel in Nashville for $56m
Pebblebrook Hotel Trust, a publicly traded real estate investment trust (REIT), has agreed to sell Union Station Hotel Nashville, Autograph Collection in Nashville for...
U.S. hotel industry reported unprecedented lows during April 2020, says STR
Due to expanded restrictions around the COVID-19 pandemic, the U.S. hotel industry reported unprecedented lows during April 2020, according to data from STR.
In a year-over-year...
International tourist numbers could fall 60-80% in 2020, UNWTO says
International tourist arrivals fell by 22 percent in the first quarter of 2020 due to COVID-19 pandemic crisis, according to the latest data from...
