Hotel
Cross-Border Buyer for Carlson Hotels
Carlson Hospitality just revealed that it has signed on the dotted line to sell Carlson Hotels to this Beijing-based global conglomerate.
VOS Hospitality Plans to Revitalize Miami Beach Historic Hotel
Greystone Hotel is set to become a 56,000 square-foot boutique property in the center of Miami Beach.
Scandic Hotels Takes Over Hotel in Finland, Plans Expansion
Scandic Hotels will open a new hotel in Vaasa, the largest economic center in Finland’s Österbotten region.
GE Capital, Western Alliance Finalize Hotel Finance Loan Portfolio Sale
Western Alliance Bank has completed the acquisition of GE Capital’s Franchise Finance U.S. hotel business.
Hilton Worldwide Announces CEO, CFO of REIT Spin-Off
Hilton’s new real estate investment trust will take shape later this year with Thomas Baltimore Jr. and Sean Dell’Orto at the helm.
Capella Washington, D.C., Hotel Sells for $65M, Gets New Brand, Management
Now rebranded as the Rosewood Washington, D.C., the 49-key ultra-luxury Georgetown hotel will be managed by Rosewood Hotels & Resorts.
Procaccianti Group’s Hotel Division Promotes New President & CDO
Meet Paul Sacco, president & chief development officer of TPG Hotels & Resorts, a division of the Procaccianti Group.
DoubleTree near Dupont Circle Commands $65M
REIT Xenia Hotels & Resorts said the sale price represents a 5.5 percent cap rate on 2015 NOI and a 15.7 multiple of the asset’s EBITDA.
Homewood Suites by Hilton Opens First Property in Cocoa Beach
Homewood Suites by Hilton Cape Canaveral-Cocoa Beach marks the first Cocoa Beach hotel for the brand, which is nearing its 400th opening.
Boyd to Buy North Vegas Hotel-Casino for $380M
The Boyd Gaming Corp. is expanding its Nevada portfolio with the acquisition of the Aliante Casino Hotel and Spa.