See which hotels have re-opened under new management or franchises.
 | Newswire
Singapore investment arm and Host acquire Perth hotel to be run by Starwood 2 May, 2012
GIC Real Estate, the investment arm of Singapore, and Host Hotels and Resorts have acquired the Citigate Perth Hotel, in Perth, Australia, for $61 million. The 277-room hotel will be reflagged as a Four Points by Sheraton and managed by Starwood. The transaction was signed in March in a deal...More>>
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 | Newswire
Pebblebrook's first purchase of the year: San Francisco's Hotel Milano 9 Apr, 2012
Pebblebrook Hotel Trust purchased San Francisco's Hotel Milano from an undisclosed seller for $30 million and will rename it, following a 12-month, $8- to $10-million complete renovation and repositioning. Pebblebrook brought in Viceroy Hotel Group to manage the 108-room property, which is located...More>>
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 | Newswire
GHM out, Trevi in at the Setai South Beach 2 Apr, 2012
The Miami Herald yesterday reported the luxury Setai Resort & Residences in Miami Beach are under new management, thanks to an overnight operations change. Setai Owners LLC is affiliated with Lehman Brothers Holdings. According to a statement from the company, it ousted former operators...More>>
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 | Newswire
TNJ Grp pays $6 million for Oklahoma City Clarion hotel 22 Mar, 2012
Albuquerque, N.M.-based TNJ Group of Companies, a hotel management and development company, has purchased a 200-room former Clarion hotel in Oklahoma City, Okla., from the Bank of Las Vegas for $6 million, or about $30,000 per key. The group plans to reflag the hotel as a Holiday Inn and reopen...More>>
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 | Newswire
Lane Hospitality invests heavily in properties 16 Mar, 2012
Hotel management and ownership company Lane Hospitality is about to complete the multimillion-dollar renovation and transformation of several of its properties located in New Jersey, North Carolina and Michigan. "As the market recovers, we want to maintain our properties as leaders in their markets...More>>
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 | Newswire
MIG Real Estate plans $600 million in investments in 2012 15 Mar, 2012
MIG Real Estate, the Newport Beach, Calif.-based real estate investment company, has announced its intention to invest up to $600 million in property acquisitions in 2012. MIG has acquired more than $400 million of real estate properties since April 2009, with approximately $200 million closing in...More>>
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 | Newswire
Brooklyn's Hotel Williamsburg sold for $33 million 15 Mar, 2012
Graves Hospitality and KSK Construction have announced that they completed the sale of the Hotel Williamsburg to King & Grove Hotels for $33 million, The Real Deal reports.More>>
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 | Newswire
Hyatt reflagging Avia hotels under Andaz 9 Mar, 2012
ITCM reports that Hyatt will reflag the two Avia hotels in Savannah, Ga., and Napa, Calif., under the Andaz brand. This will bring Hyatt's Andaz portfolio up to eight hotels. Hyatt acquired the hotels in the Lodgeworks acquisition of 2011. "Andaz provides exceptional experiences in refined, yet...More>>
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 | Newswire
Donald Trump assumes ownership of iconic Doral Golf Resort 28 Feb, 2012
The Blue Monster has a new owner. The Trump Organization has purchased the Doral Golf Resort in Florida for $150 million. The Trump Hotel Collection will subsequently assume management of the hotel beginning in June from its current operator, Marriott International. The Miami Herald reports that...More>>
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 | Newswire
Hotel Midtown Atlanta sold to Noble Investment for $16M 23 Feb, 2012
Hunter Realty represented CW Capital Asset Management in the sale of the 191-room Hotel Midtown Atlanta to Noble Investment Group for $16 million. Noble plans to invest up to $21 million to renovate and upgrade the hotel and covert it to a Hyatt. "We awarded Hunter this assignment because of their...More>>
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