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Starwood Capital selling Louvre Hotels to Jin Jiang in mega deal   12 Nov, 2014

Europe's second-biggest hotel operator has a new owner. U.S. investment group Starwood Capital is selling the Louvre Hotels Group to Shanghai's Jin Jiang International Holdings in a deal that is reportedly around $1.5 billion. More>>

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New hotel deals in Britain attract international investors   12 Nov, 2014

It's been a busy week for UK hotel deals, as HVS notes. Here are some recent transactions, including two from US-based private equity firm KSL Capital Partners, owner of the Malmaison and Hotel du Vin chains. More>>

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AJ Capital acquires NOLA's Pontchartrain Hotel   11 Nov, 2014

The storied Pontchartrain Hotel, on St. Charles Avenue, in New Orleans, has a new owner. Chicag-based real estate investment firm AJ Capital has purchased the hotel with plans to renovate the hotel's 106 rooms and reopen it as a full-service property with the help of a group of local investorsMore>>

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Oxford Capital Group and Quadrum Global team to buy Chicago's Essex Inn    10 Nov, 2014

Essex Hotel Owner, an Oxford Capital Group-led venture with Quadrum Global, has announced the acquisition of Chicago's Essex Inn-Michigan Avenue at 800 South Michigan Avenue. In the coming year, the venture will unveil plans to invest in and transform the property into an upscale lifestyle hotel.More>>

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Omni Hotels acquires New Orleans Wyndham   10 Nov, 2014

Omni Hotels & Resorts in partnership with Riverfront Lodging have acquired the Wyndham Riverfront New Orleans, which has since been re-flagged as the Omni Riverfront Hotel. The announcement comes on the heels of a six-month, $8-million property renovation.More>>

Beijing-based Anbang Insurance Group paid Hilton Worldwide $1.95 billion to acquire the Waldorf Astoria in New York. Newswire
Waldorf Astoria sale confirms strength of NYC market   10 Nov, 2014

Record $1.95-billion deal could signal more overseas money deployed toward U.S. assetsMore>>

Hawaii hotel: The Kahala Hotel & Resort in East Oahu was sold to Japan-based Resorttrust in a leasehold sale for $282.5 million. Newswire
Hotel Transactions    7 Nov, 2014

News on Hotel Transactions from across the worldMore>>

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Vacant Saddle Brook, N.J., Crowne Plaza up for sale   30 Oct, 2014

Several companies have expressed interest in buying the Crowne Plaza in Saddle Brook, N.J., along with four other hotels, in the event that a sale with a prospective buyer falls through, reports The Record. The 12-story former Holiday Inn had been vacant for years, is part of a portfolio that...More>>

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Hotel magnate Scheetz calls off hotel after selling properties to NYU   30 Oct, 2014

Ed Scheetz, who heads Chelsea Hotels, took an offer he couldn't refuse. The Daily News reports that a luxury hotel he had planned for an area in Manhattan known as NoHo, is now a no-go after he sold two buildings to New York University for a reported $157 million.More>>

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Nashville Magnuson hotel sells for $4.8M, to rebrand as Quality Inn   24 Oct, 2014

A Nashville hotelier has paid $4.8 million for the 172-room Magnuson Hotel Downtown North Nashville, with plans to rebrand it as the Quality Inn Downtown Nashville. The buyer, Sam Zaveri, plans to spend an additional $2 million on renovations, including upgrades to the rooms, lobby, ballrooms and...More>>

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