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Leland Pillsbury and Fred Malek Newswire
Brookfield deal makes for nimbler Thayer   18 Jul, 2014

Annapolis, Md.-based private equity group will continue targeting full-service hotels with the ability to double income within four years.More>>

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Private British firm snaps up UK's Hallmark Hotels   16 Jul, 2014

Topland, a UK-based privately held commercial real estate firm, is looking to up its ante in the hotel real estate game. In one fell swoop, it's grown by eight hotels and 730 rooms. Topland has bought the Hallmark Hotels portfolio for £75 million, or roughly $128 million, in its latest step toward...More>>

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Ashford Trust acquires Fremont Marriott Silicon Valley    15 Jul, 2014

Ashford Hospitality Trust has signed a definitive agreement to acquire the 357-room Fremont Marriott Silicon Valley hotel in California. The acquisition is expected to close within the next 30 days. The Company intends to finance the property with approximately $37.5 million of non-recourse...More>>

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PE: Why Brookfield deal makes for a nimbler Thayer Lodging   15 Jul, 2014

The recent acquisition of Thayer Lodging Group by Canada’s Brookfield Asset Management will prove to be useful for the Annapolis, Md.-based private equity firm: it will allow them to make bigger deals—faster and quicker. More>>

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AHIP completes acquisition of Pinehurst, N.C., SpringHill   14 Jul, 2014

American Hotel Income Properties recently completed the acquisition of a 107-room Springhill Suites hotel in Pinehurst, N.C. The hotel is the fourth and final asset to be acquired of the portfolio of four previously announced properties, which are located in North Carolina and Georgia.More>>

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CPI Hotels acquires Europe's Mamaison Hotels & Residences   10 Jul, 2014

Czech hospitality group CPI Hotels is expanding further into the European market with the announcement of the group’s acquisition of Mamaison Hotels and Residences, which has hotels in the Czech Republic, Slovakia, Poland, Hungary and Russia, in several major cities.More>>

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Taj parent company sells Sydney hotel   10 Jul, 2014

Samsara Properties, an offshore wholly owned subsidiary of The Indian Hotels Company Limited, has sold The Blue Hotel in Sydney, Australia to Hong Kong’s Hind Hotels & Properties Group, which operates the Ovolo brand, for a reported $30 million. More>>

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Nashville DoubleTree deal underscores percolating market   10 Jul, 2014

Nashville, Tenn., continues to be a darling of developers and investors, alike. The latest news: Chicago-based investment firm Walton Street Capital bought the 337-room DoubleTree by Hilton for nearly $70 million, or around $207,000 per key. More>>

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Chinese hotel trust look to sell 600 million shares   9 Jul, 2014

A Chinese hotel trust has started taking orders for a Hong Kong initial public offering that is expected to raise up to $437 million, the Wall Street Journal is reporting.More>>

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Seattle developer buys Victoria's Fairmont Empress    8 Jul, 2014

Nat Bosa, the developer of the two-tower Insignia project in downtown Seattle, and his wife have purchased the Fairmont Empress in Victoria, British Columbia, for an undisclosed amount. However, the hotel is valued at $89.9 million Canadian. More>>




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