Service Properties Trust sells eight hotels for $45.3m
Service Properties Trust, a real estate investment trust, or REIT, has sold eight TownePlace Suites branded hotels with 834 rooms for $45.3 million. The...
King Street commits €400m to European urban lifestyle hospitality platform
King Street Capital Management has announced a strategic equity investment of up to €400 million in Room00 Group, Southern Europe’s urban lifestyle hospitality platform....
Goldman Sachs in talks to buy B&B Hotels for €2bn
Goldman Sachs is in talks to purchase France-based economy hotel chain B&B Hotels from private equity firm PAI Partners for about 2 billion euros...
Azora buys two hotels in Portugal’s Algarve region for €148m
Madrid-based European real estate investment manager Azora has acquired two five-star hotels in Portugal's Algarve region, on behalf of its Azora European Hotel and...
Real IS acquires two hotels in Stuttgart
Real I.S. AG has purchased two hotels of the Hampton by Hilton and Premier Inn brands in Stuttgart, Germany.
Within the frame of...
Accor partners with Ennismore to form global lifestyle hotel entity
Europe's largest hotel group Accor and Ennismore, the owner of Hoxton hotels, are entering into a partnership to form a global lifestyle entity in...
Ashford Trust acquires a hotel in California
Ashford Hospitality Trust, Inc. has acquired Hilton Santa Cruz/Scotts Valley in Santa Cruz, California for $50 million.
To fund the acquisition the company used...
Colony Capital completes exit from hospitality business
Colony Capital has completed the sale of six hospitality portfolios to Highgate and an affiliate of Cerberus Capital Management for $2.8 billion.
The transaction concludes...
Deka Immobilien pays €62m for London hotel
Deka Immobilien has acquired the first-class hotel "Ruby Zoe" in London's prestigious Notting Hill Gate for €62 million for its open-ended property fund Deka-Immobilien...
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...
Twin River to acquire two Eldorado casinos for $155m
Twin River Worldwide Holdings, Inc. (Twin River) has entered into an agreement with Eldorado Resorts, Inc. (Eldorado) to acquire Eldorado Shreveport Resort and Casino...
Park Hotels & Resorts to sell two assets for $149m
Park Hotels & Resorts (Park) has agreed to sell two assets for combined gross proceeds of $149 million, or approximately $360,000 per key.
The assets consist...
