Transactions
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AHIP buys four hotels in Georgia, North Carolina for $30.5 million   27 Jun, 2014

The properties are two Fairfield Inn & Suites hotels, one SpringHill Suites hotel and one Hampton Inn hotel located in Asheboro, N.C.; Pinehurst, N.C.; and Kingsland, Ga. The acquisition properties contain 387 total guestrooms and are being acquired for approximately $82,700 per guestroom inclusive...More>>

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TRANSACTIONS   26 Jun, 2014

Here is some more transaction and deal news from around the world.More>>

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Lowe Enterprises' record sale of Motif Seattle    26 Jun, 2014

Lowe Enterprises Investors has completed the sale of the 319-room Motif Seattle, by Destination Hotels & Resorts, on behalf of a national hotel investment venture with The Guardian Life Insurance Company of America and a subsidiary of Allstate Insurance Company. More>>

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TRANSACTIONS   26 Jun, 2014

Here are some of the top recent transactions and deals from the hotel industry.More>>

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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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