Marriott
Nashville Hotels Change Hands
Wheelock Street Capital sold the two-property portfolio to The Gehr Group approximately five years after acquiring the assets for $18.6 million.
Ashford Hospitality to Buy Santa Fe Boutique Resort
The company selected Remington Lodging to manage the 157-key La Posada de Santa Fe property in New Mexico when the deal closes later this month.
Marriott to Open New Dual-Branded Hotel in Austin
Developed by White Lodging, the two hotels will bring 347 guestrooms to the city: 191 rooms at The Otis Hotel and 156 rooms at AC Hotel Austin.
Innovatus Capital Partners Buys Orlando Office Campus
Westwood Corporate Center is a five-building property located in the city’s growing “Tourist Corridor” submarket, with a quarter mile of frontage along I-4.
Azul to Manage 1,600-Key Pinnacle Hotel Portfolio
Under a long-term contract, the hospitality services provider will oversee eight properties in Southern California and Texas, relieving the owner from the task.
MCR Opens New Courtyard by Marriott in Northern Virginia
CEO Tyler Morse admits the company chose to build the 187-key hotel in Herndon, close to Dulles International Airport, in case Amazon chooses the area for its coveted HQ2.
Hotel Equities, Virtua Partners to Grow Hospitality Footprint
Virtua will be making a series of investments totaling more than $500 million, to help the Atlanta-based firm move into new regions in the U.S. and Canada and expand in current markets.
RLJ Lodging Trust Sells Major Tampa Bay Resort
A hospitality company led by Tampa Bay Buccaneers Co-Chairman Bryan Glazer purchased the 362-key Vinoy Renaissance Resort & Golf Club in St. Petersburg, Fla., for a total of $188.5 million.
Ground Breaks on $500M Ritz-Carlton in NYC
Marriott International and Flag Luxury Group have teamed up to develop the 250-key property in Manhattan’s increasingly popular NoMad neighborhood, adding guest accommodations and branded residences to the market.
Peachtree Snags New Hotel in Charlottesville, VA
HREC Investment Advisors worked on behalf of Titan Hotel Group to arrange the sale of the newly constructed 117-key Fairfield Inn & Suites near the city’s historic downtown.