Värde Partners to sell luxury hotel portfolio to Covivio
Värde Partners, a global alternative investment firm, has agreed to sell a portfolio of eight luxury hotels operating under The Dedica Anthology brand to...
Service Properties Trust announces new agreements with Marriott
-Combines Three Existing Agreements, Extends Term, Increases Credit Support, Provides for Renovation and Sale of Certain Hotels
Service Properties Trust (Nasdaq: SVC) has entered agreements...
Circus Circus Las Vegas sold for $825m
MGM Resorts International announced that it has closed on its sale of Circus Circus Las Vegas and the 37 adjacent acres for $825 million, subject...
Park Hotels announces sale of Le Meridien New Orleans
Park Hotels & Resorts Inc. announced that it has closed on the sale of the 410-room Le Meridien New Orleans located in New Orleans, LA,...
Park Hotels sells hotel in Los Angeles for $117m
Park Hotels & Resorts Inc. has sold the 182-room Ace Hotel Downtown Los Angeles, located in Los Angeles, CA, for $117.0 million.
“We are very...
Vacasa to acquire Resort Lodging Company in Colorado
-Vacasa Grows Investment in Colorado Through Acquisition of Resort Lodging Company
-Company Will Add 250+ Steamboat Springs Vacation Homes to its Portfolio
Vacasa, North America’s largest...
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...
Accor to sell 85.8% stake in Orbis to AccorInvest for €1.06bn
Accor has entered into a binding agreement to sell its 85.8% stake in Orbis to AccorInvest at a price of PLN115 per share, corresponding...
Hyatt to open its first hotel in Iceland
Hyatt Hotels Corporation announced that a Hyatt affiliate has entered into a franchise agreement with H176 Reykjavík ehf, a fully owned subsidiary of Icelandic...
Hyatt opens Great Scotland Yard hotel
Hyatt Hotels Corporation announced the opening of the 152-room Great Scotland Yard hotel as part of The Unbound Collection by Hyatt.
On the site of the former...
Kennedy Wilson completes $178M of UK asset sales
Global real estate investment company Kennedy Wilson has completed the sale of two wholly owned U.K. properties, including the Fairmont St Andrews resort in Scotland and...
Caesars completes sale of The Rio in Las Vegas for $516.3M
Caesars Entertainment has completed the previously announced sale of The Rio in Las Vegas to a company affiliated with Dreamscape Companies ("Dreamscape"), which is...
