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New York's Standard Hotel could fetch record price as transactions landscape booms   12 Feb, 2014

The going is getting really good for hotel sellers in Manhattan—and elsewhere. With the economic crisis far back in the rear-view mirror, disposers of hotel assets are banking on healthy returns.More>>

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Hawkeye Hotels acquires Missouri Hilton Garden Inn    11 Feb, 2014

Iowa-based Hawkeye owns and operates more than 40 hotels in a dozen U.S. states. The Hilton Garden Inn was built in 2001 and completed a renovation in 2010. More>>

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Scandic's acquisition of Rica Hotels adds 72 properties in Norway and Sweden   11 Feb, 2014

The deal adds 72 Rica hotels to Scandic's existing portfolio, further strengthening its position in the Nordic region. In Norway alone, Scandic's coverage will be increased by 65 hotelsMore>>

Stephanie Ricca Newswire
The Olympics are coming … but at what cost to supply and demand?   10 Feb, 2014

The 2014 Winter Olympics are bound to have a huge impact on the hotel industry in Sochi, even long after they’re over.More>>

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Four Seasons outside Dallas changes hands    10 Feb, 2014

The Four Seasons Resort and Club Dallas at Las Colinas has changed hands, acquired by a company set up by Blackstone Real Estate Advisor for an estimated $150 million.More>>

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Millennium & Copthorne acquires Novotel Times Square   10 Feb, 2014

Millennium & Copthorne Hotels has agreed to buy the Novotel New York Times Square hotel for $273.6 million. The UK-based company currently operates 14 hotels in the U.S. More>>

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Zecha and JV partner acquire Amanresorts   10 Feb, 2014

Finally, the Amanresorts chain has been sold. India's DLF Global Hospitality has sold the luxury hotel group for a sum lower than it bought it for—but here's why it's still a good deal. More>>

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RLJ Lodging's Hyatt portfolio buy ups West Coast presence   7 Feb, 2014

RLJ Lodging Trust's asset roll just got a whole lot bigger. The Bethesda, Md.-based real estate investment trust has entered into a definitive purchase and sale agreement with Hyatt Hotels Corp. to acquire 10 hotels totaling 1,560 rooms consisting of Hyatt, Hyatt Place and Hyatt House hotels.More>>

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San Diego group makes first hotel acquisition   6 Feb, 2014

Marking its first investment in the hotel industry, San Dieg-based Pathfinder Partners has partnered with Vesta Hospitality to acquire the 129-room Homewood Suites By Hilton in La Quinta, Calif. The purchase price was not disclosed.More>>

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Sarasota AmericInn sells for $6.3 million   6 Feb, 2014

A Pennsylvania company has bought the 111-room AmericInn Hotel & Suites in Sarasota, Fla., for $6.3 million, the Herald Tribune reports. The buyer of the property was RJ Hotels, a Swarthmore, Pa.-based company managed by Jiten Patel.More>>




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