Home Tags US hotel industry

Tag: US hotel industry

Park Hotels & Resorts to sell two San Francisco hotels for...

Park Hotels & Resorts (Park) on Tuesday said it has agreed to sell Le Meridien San Francisco and Hotel Adagio, Autograph Collection (San Francisco, CA) for...

DiamondRock sells hotel in New York City for $185m

DiamondRock Hospitality Company has completed the sale of the 725-room Lexington Hotel in New York City for $185.3 million.  Including the company's projected capital expenditures, the sale price...

USAA Real Estate sells luxury resort in San Antonio

USAA Real Estate has sold La Cantera Resort & Spa to affiliates of Ohana Real Estate Investors in San Antonio.  The Resort has been...

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...

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...

Blackstone, Starwood Capital to acquire Extended Stay for $6bn

Blackstone Real Estate Partners and Starwood Capital Group have agreed to acquire Extended Stay America, Inc., headquartered in Charlotte, North Carolina, the largest integrated...

Acore raises $1bn to provide rescue capital to hotels

Commercial real estate finance company Acore Capital has raised $1 billion to provide rescue capital to North American hotel operators. The company has launched Acore...

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...

Marriott to debut St.Regis brand at Chicago’s iconic Vista Tower

Marriott International, Inc. has signed an agreement with Magellan Development Group to debut its St.Regis Hotels & Resorts brand at iconic Vista Tower project in...

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...

MOST POPULAR