Hotel
Bluegreen Vacations Buys $34M San Antonio Hotel
The company plans to add 13,000 square feet of office space to the 165-key luxury boutique hotel by the end of the year.
South TX Hotels Land New Management
The Marcus Corp. will manage the 200-key DoubleTree by Hilton and the upcoming 151-key Courtyard by Marriott in downtown El Paso.
Eldorado Resorts to Add Chicagoland Casino to Growing Portfolio
The company plans to buy the Grand Victoria Casino in Elgin, Ill., a gambling venue with more than 1,000 slot machines, 30 table games and a poker room.
Tropicana Entertainment to Sell for $1.9B
Majority owned by Icahn Enterprises, Tropicana will sell its real estate assets to Gaming and Leisure Properties and merge its gaming and hotel operations with Eldorado Resorts in the all-cash deal.
140-Key Marriott Hotel Opens in Indiana
The five-star hotel in South Bend, operated under the Courtyard by Marriott umbrella, is developer JSK Hospitality’s ninth property.
Investra JV Grabs Major Hotel Portfolio
Hospitality Ventures Management Group and Investra Capital Group acquired a collection of 12 select-service hotels located in secondary and tertiary markets across five states.
Hilton Opens KY Homewood Suites
The 133-key property offers a mix of studios and one-bedroom guestrooms with fully-equipped kitchens and separate living and sleeping areas. White Lodging manages the hotel.
Banyan Buys 2 GA Hilton Hotels
The company purchased Hilton Garden Inn Columbus and Homewood Suites by Hilton Columbus, and plans to implement a $3.8 million renovation plan.
Private Equity Checks in With Hospitality
Pryor Cashman LLP‘s Todd Soloway outlines the impact private equity investment is having on the industry, as well as the most common legal issues his hospitality clients encounter.
Fourth Cambria Hotel Opens in Dallas
Situated in downtown Dallas, the adaptive reuse project is franchised by Choice Hotels International Inc. and features an 87-year-old art deco style.