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Las Vegas' Hooters Casino Hotel sells for $70M    18 May, 2015

Las Vegas' Hooters Hotel has been sold to Trinity Hotel Investors, a New York investment group.More>>

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Frasers Hospitality acquires Sydney's Sofitel Wentworth for north of $170M   11 May, 2015

Singapore-listed Frasers Hospitality has acquired the the Sofitel Wentworth in Sydney for around US$176 million. This marks Frasers' first acquisition since its initial public offering in June last year, and its third hospitality asset in Sydney. The group’s other Sydney properties are the Fraser...More>>

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Deutsche Bank buys Hotel Jumeirah Frankfurt   8 May, 2015

The hotel is part of the PalaisQuartier, which includes the MyZeil shopping center. The 800-million-euro ($995-million) deal is one of Germany's biggest property deals this year. More>>

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In spite of room rate drop, investment in Dubai remains strong   6 May, 2015

The March HotStats MENA Hotels Market Review reveals that rates fell to US$380, while occupancy remained stable at 89 percent. A decline in food and beverage contributed to an overall fall in revenues of 9 percent. More>>

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SLS Beverly Hills sells for $195 million   6 May, 2015

SBE, led by Sam Nazarian, has sold the SLS Beverly Hills for $195 million, or around $656,500 per key, to hotel firm Sunrider International. The 297-room luxury hotel opened in 2008. The hotel was reportedly put up for sale a year ago as part of SBE's strategy to reduce real estate holdings while...More>>

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Strategic Hotels' third 2015 deal may be Four Seasons Austin   5 May, 2015

Strategic Hotels is looking to acquire the Four Seasons Austin for $197 million. This is would be the company's first foray into the Austin, which is one of the highest-growth markets in the country. More>>

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HFF closes sale of four-property Texas Aloft hotel portfolio   5 May, 2015

Holliday Fenoglio Fowler, L.P. has closed the sale of a four-property Aloft-branded hotel portfolio with 549 rooms in the Dallas-Fort Worth and San Antonio, Texas, areas. More>>

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Orlando Wow Resort sells for $11.2 million   5 May, 2015

Commercial real estate investment services firm Marcus & Millichap announced the sale of the WOW Resort, a 334-room hospitality property located in Orlando. The asset sold for $11.2 million.More>>

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Duluth's ZMC Hotels yet to sell 28-hotel portfolio   4 May, 2015

Last November, ZMC Hotels, based in Duluth, Minn., put a 28-hotel portfolio on the market. Less than a year later, it's failed to sell. More>>

blank Newswire reports $189M worth of deal closings in March    4 May, 2015

Online real estate deal site reported closings on 47 commercial assets in March with a total combined value of nearly $189 million, reports. The surge has been credited to a more robust economy, less distressed assets and an uptick in travel, notes EVP Rick...More>>

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