Transactions
Strategic Hotels & Resorts Newswire
Hotel transaction pace set to increase in 2014   11 Apr, 2014

Hotel investment professionals are predicting a robust year ahead for hotel lending and transactions in the coming year, backed by increase in flow of capital.More>>

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On The Block   11 Apr, 2014

Here are some updates about the latest sales and purchases in the hotel industry.More>>

Stephanie Ricca Newswire
To buy or to sell? Ask a hotel broker   11 Apr, 2014

Brokers can be an excellent guide for understanding future trends and possibilities in a changing hotel industry.More>>

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Waramaug purchases Milwaukee Comfort Suites   10 Apr, 2014

Private investment group Waramaug LS Hotels has acquired the 120-room Comfort Suites Park Place in Milwaukee. This is Waramaug's fifth acquisition in the last six months.More>>

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Minneapolis-area Embassy Suites sells for $24M   10 Apr, 2014

The 218-room Embassy Suites Hotel Bloomington in Minnesota has sold for $24 million. The buyer is listed as Bloomington Hotel Owner SPE, which acquired it from FelCor Lodging Trust. More>>

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Dev Hospitality buys Best Western in Boston   9 Apr, 2014

Dev Hospitality has purchased the Best Western Plus Roundhouse Suites in Boston from WNW Hospitality Group, a hotel owner and operator based in Great Neck, N.Y. The purchase price was not disclosed. More>>

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Starwood completes sale of Aloft Tucson University   9 Apr, 2014

Starwood Hotels & Resorts Worldwide has completed the sale of Aloft Tucson University in Arizona to Lightstone Value Plus Real Estate Investment Trust II for $19 million. The hotel will remain an Aloft under a long-term license agreement. It will be managed by Island Hospitality Management. More>>

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Walton Street acquires Ambassador Hotel Waikiki   4 Apr, 2014

The Ambassador Hotel Waikiki has been sold to Chicago-based private equity group Walton Street Capital LLC for $71.5 million. The seller of the 298-room hotel was Ambassador Hotel Inc., part of the group that owns the Waikiki Business Plaza.More>>

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LaSalle's Hotel Vitale buy in San Fran rivals Ritz-Carlton purchase price   4 Apr, 2014

LaSalle Hotel Properties has formally announced the previously talked about acquisition of Hotel Vitale in San Francisco for $130 million. The purchase price rivals that of the Ritz-Carlton, San Francisco, which was bought last July by Thayer Lodging for $161 million.More>>

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Dubai company buys stake in Kerzner International   3 Apr, 2014

Investment Corporation of Dubai said it bought the stake in Kerzner International Holdings from the family of its founder and several institutional investors. Neither company disclosed the purchase price, but an ICD official told The Associated Press the investment company now owns a stake of more...More>>




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