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Corinthia Group investment arm to acquire Malta's Island Hotels   16 Jan, 2015

Regional consolidation continues. The latest news comes out of Malta, where International Hotel Investments (IHI), the investment arm of the Corinthia Group, has signed a conditional agreement to acquire the assets and operations of Island Hotels Group, which operates two Radisson Blu hotels in...More>>

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Jin Jiang deal to acquire France’s Louvre Hotels Group now a go   15 Jan, 2015

Jin Jiang's deal to acquire France’s Louvre Hotels Group from Starwood Capital Group is now signed, sealed and delivered. Here are further details on the deal that were first reported on back in November, as Chinese companies continue to make large global acquisitions. More>>

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Topland's buy of UK's Feathers Group includes Best Western-branded hotels   14 Jan, 2015

Topland, a UK-based private investment company, has acquired England's Feathers Group for an undisclosed sum. The acquisition represents 726 rooms across Best Western-branded properties in Manchester, Liverpool, Chester, Preston and Warrington. More>>

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Starwood Capital acquires Scotland's Town House Collection   14 Jan, 2015

Starwood Capital Group has acquired Scotland's independent hotel group The Town House Collection for an undisclosed sum. The transaction includes Glasgow's luxury Blythswood Square hotel and boutique Edinburgh hotel The Bonham. The Town House Collection was founded by Scottish hotelier Peter Taylor...More>>

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LIC Holiday Inn sells for almost $40M less than original listing   14 Jan, 2015

After Long Island City's (Queens) Holiday Inn Manhattan View hit the market in June for $59 million, the 136-room hotel has now finally sold, but for $21.9 million, or just over one third of its asking price, according to property records and as reported by The Real Deal. More>>

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Fifth Avenue Capital, Waterford partnership buy DoubleTree Little Rock   12 Jan, 2015

FAC-W Markham, a partnership of affiliates of Fifth Avenue Capital and Waterford Hotel Group, has finalized the purchase of the 288-room DoubleTree by Hilton in Little Rock, Ark. The hotel has 288 rooms, the Plaza Grille and Bar, flexible banquet, catering, and meeting space, a business center, and...More>>

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Ashford Trust acquires Austin's Lakeway Resort   12 Jan, 2015

Ashford Hospitality Trust has signed a definitive agreement to acquire the 168-room Lakeway Resort & Spa, in Austin, Texas, for a total consideration of $33.5 million, or $199,000 per key. The acquisition is expected to close within the next 30 days. The hotel has approximately 24,000 square feet...More>>

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Marriott closes on $60M sale of Kauai Lagoons    12 Jan, 2015

Marriott Vacations Worldwide has closed on the $60-million sale of its Kauai Lagoons project to Hawaii developer Ed Bushor, reports Pacific Business News. The oceanfront project, which is near the Lihue Airport, is reportedly one of Hawaii's largest construction projects and was placed on hold...More>>

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Four Points in NOLA suburb sells, switches to Wyndham flag   9 Jan, 2015

The former Four Points by Sheraton in Metairie, La., now has new owners and a new flag. The Times-Picayune reports that OM Capital NOLA acquired the 220-room hotel last month for $11.9 million. The sale was finalized shortly after the hotel switched from a Four Points to a Wyndham Garden, but "it's...More>>

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DKN Hotels expands via buy of Wyndham Garden Ventura Pierpont   7 Jan, 2015

Irvine, Calif.-based DKN Hotels has acquired the 77-room Wyndham Garden Pierpont Inn in Ventura, Calif., for an undisclosed sum. The seller was Brighton Management. With the buy, DKN Hotels now has 12 properties in its portfolio. More>>




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