Tag: US hotel news
U.S. hotel industry reported unprecedented lows during April 2020, says STR
Due to expanded restrictions around the COVID-19 pandemic, the U.S. hotel industry reported unprecedented lows during April 2020, according to data from STR. In a year-over-year...
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...
Pebblebrook Hotel Trust to sell two hotels in US for $331m
Pebblebrook Hotel Trust, a publicly traded real estate investment trust (REIT), announced it has agreed to sell two hotels, the 422-room InterContinental Buckhead Atlanta...
Four Seasons to open luxury hotel and private residences in New...
Four Seasons Hotels and Resorts, together with developers Carpenter & Company Inc. and Woodward Interests, LLC, will open a luxury hotel and Private Residences...
Miami’s historic iconic hotel sold to joint venture
A joint venture between Deutsche Finance America, Bilgili Holding and SHVO has purchased the historic Raleigh Hotel property in Miami for $103 million...
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...
