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CWI shells out $85M for dual-brand Denver hotel   26 Jun, 2014

Carey Watermark Investors, a non-traded real estate investment trust focused on investing in lodging properties, announced that it has acquired a 302-room, dual-brand select-service hotel, located in Denver's Central Business District. CWI's total investment in the property is approximately $85...More>>

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Katara Hospitality buys five IHG hotels in Europe   26 Jun, 2014

Katara Hospitality, the Qatar-based hotel owner, developer and operator, has acquired five European hotels, all in different cities and all under the same InterContinental Hotels flag. More>>

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Loews continues buy streak   25 Jun, 2014

Loews Hotels & Resorts is on a hot streak of sorts. In particular, it likes the Chicago area a whole lot. The New York-based hotel company has acquired the InterContinental Chicago O'Hare, which will pair with another Loews hotel being developed in downtown Chicago. More>>

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Thayer, Provenance combine on Seattle buy   24 Jun, 2014

Provenance Hotels, a hotel owner and operator based in Portland, Ore., and Annapolis, Md.-based Thayer Lodging Group, a hotel real estate investment company, have partnered to acquire the 120-room Hotel 1000 in downtown Seattle.More>>

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Kempinksi hotel in Bulgaria sold for as much as $75M   23 Jun, 2014

The Kempinski Hotel Zografski in Sofia, Bulgaria has been sold for a price estimated at as much as $75 million. Bulgaria’s Commission for Protection of Competition said it has been notified of a planned merger between Zografski, the company that owns the hotel, and Victoria Group VM.More>>

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Foreclosed SoHo Mondrian sold for $205 million   23 Jun, 2014

The Mondrian in the SoHo neighborhood of Manhattan has been sold to New York real-estate moguls Rotem Rosen and Alex Sapir, in partnership with Buddha Bar founder/owner Gerard Guez, for $205 million, The New York Post reports.More>>

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Starwood Capital acquires TMI Hospitality   20 Jun, 2014

Starwood Capital Group, through a controlled affiliate of Starwood Global Opportunity Fund X, has entered into an agreement to acquire all of the outstanding stock of TMI Hospitality from the TMI Hospitality Employee Stock Ownership Plan.More>>

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As week wraps, Sunstone makes a Hawaii splash   20 Jun, 2014

A slew of transactions marked a rather robust week of deals, as big-name hotels changed hands—among them, the 544-room Wailea Beach Marriott. More>>

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Marcus & Millichap arranges sale of two Victorville, Calif., hotels   16 Jun, 2014

The properties are the 77-room Comfort Suites Victorville and the 162-room Ambassador Hotel and Conference Center. The Comfort Suites sold for $4.9 million. The Ambassador Hotel and Conference Center sold for $5 million. They were sold in separate transactions.More>>

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Carey Watermark purchases the Boca Raton Marriott   16 Jun, 2014

Carey Watermark now owns the Boca Raton Marriott, a full-service hotel with 256 rooms located at the Boca Center, a mixed-use development that includes 375,000 square feet of class A office space, 21 retail stores, and 12 restaurants. An affiliate of HEI Hotels & Resorts will continue managing the...More>>




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