Hilton
Westgate Resorts Buys Vintage Manhattan Hotel
The historic 300-key hotel in Tudor City, near Grand Central Station, has been rebranded as the Westgate New York City. It’s the company’s first acquisition in a major city.
Northern IN Hotel Begins Construction
White Lodging is developing the 136-key Hampton Inn & Suites by Hilton Fort Wayne Downtown, which is scheduled to open in summer 2019.
Tishman Expands Orlando Hospitality Portfolio
Karlson’s Hospitality traded the three properties, which include 400 guestrooms, for $66 million. The new owner funded the acquisition with a $58.5 million loan.
Ground Breaks on $115M Hotel in Charlotte
Adding to the city’s growing lodging portfolio, The Kessler Collection will develop the luxury, 254-key Grand Bohemian in the thriving Uptown submarket.
MCR Closes $300M Hospitality Fund
The seventh-largest hotel owner-operator in the U.S. added 11 hotels to its first fund and has an additional five hotel deals in its pipeline.
Hilton Berlin Changes Hands
This year, Park Hotels & Resorts has sold more than $500 million worth of hotels as part of its plan to recycle capital out of non-core assets and reduce its presence in international markets.
Hilton Divestment Vindicates Blackstone’s Patience
Analysts outline how the company followed up on the unification of Hilton’s domestic and international sides, and why the investor’s moves have paid off so well.
Hilton Launches New Embassy Suites in Montreal
Easton’s Group of Hotels is the owner and manager of the new 162-key Embassy Suites by Hilton Montreal Airport. The hotel provides studio and two-room suites.
Raleigh-Area Homewood Suites Opens Doors
Parks Hospitality Group owns and operates the 108-key, all-suite hotel. The ground-up, six-story construction project kicked off in early 2017.
Orlando Hotel Lands $22M Construction Loan
Located on Westbrook Boulevard, the eight-story, 259-key hotel is planned to be the largest Tru by Hilton in the U.S.