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Park Hotels completes acquisition of Chesapeake Lodging Trust for $2.5bn

Park Hotels & Resorts Inc. has completed its previously announced acquisition of Chesapeake Lodging Trust. The announcement follows approval of the transaction by Chesapeake’s...

Park Hotels secures $950M loan for Chesapeake acquisition

Park Hotels & Resorts Inc. announced that it entered into a $950 million unsecured delayed draw term loan agreement (“Term Facility”) in order to help finance...

Chesapeake Lodging Trust to sell NewYork hotels for $138m

Chesapeake Lodging Trust, a self-advised lodging real estate investment trust (REIT) focused on investments primarily in upper-upscale hotels in major business and convention markets,...

Park Hotels to acquire Chesapeake Lodging Trust in a $2.7b deal

Park Hotels & Resorts Inc. has signed a merger agreement with Chesapeake Lodging Trust to acquire all the outstanding shares of Chesapeake in a...


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