Tag: US hotel industry
Pebblebrook Hotel Trust sells Hotel Palomar Washington
Pebblebrook Hotel Trust has sold the 335-room, Hotel Palomar Washington, DC for $141.5 million.
The sale price of $141.5 million reflects a 14.9x EBITDA multiple...
Hilton launches its new brand for business travelers
Hilton (NYSE: HLT) has launched its new meetings-and-events-focused brand Signia Hilton, including a minimum of 500 guest rooms and 75 square feet per key of...
Starwood Capital Group sells a hotel in Miami for $610 million
Starwood Capital Group has sold the 1 Hotel South Beach in Miami Beach, Florida for $610 million to Host Hotels & Resorts.
Starwood Capital Group...
Inter Continental Hotels Group opens its 100th Hotel Indigo
Inter Continental Hotels Group has opened its 100th Hotel Indigo® property globally, Hotel Indigo® Berlin East Side Gallery.
The brand was established in 2004...
