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Accor buys $1.23bln worth of European hotels   27 May, 2014

Maybe the asset-light approach isn't all it's cracked up to be. Accor has reportedly agreed to buy hotels in Germany, the Netherlands and Switzerland for about $1.23 billion as part of an overall plan to boost the company’s real-estate holdings.More>>

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RLJ acquires two West Coast properties   23 May, 2014

RLJ Lodging Trust has acquired two West Coast hotels: the 256-room Courtyard Portland City Center in Portland, Ore., and the 293-room Embassy Suites Irvine Orange County in Irvine, Calif., in an off-market transaction. The combined purchase price is $120 million.More>>

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Pebblebrook expands exposure in San Francisco with Prescott buy   23 May, 2014

Pebblebrook Hotel Trust is continuing to buy hotels in gateway U.S. cities. The real estate investment trust has acquired the 160-room Prescott Hotel in San Francisco, for $49 million. The property will continue to be managed by Kimpton Hotels & Restaurants.More>>

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Indonesian hotel operator angles in on Tune Hotels   21 May, 2014

Indonesian hotel operator Pusako Tarinka is planning a $55.7-million deal with the company that operates Tune Hotels, a budget hotel chain founded by Malaysian tycoon Tony Fernandes. More>>

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Toronto asset manager checks into hotels with Thayer Lodging acquisition   21 May, 2014

Big acquisition news today: Toronto-based Brookfield Asset Management, reportedly Canada’s biggest manager of alternative assets, has bought Thayer Lodging Group, a private-equity group highly invested in hotels. Terms of the deal were not disclosed.More>>

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Finnish luxury chain acquires Helsinki's Klaus K   20 May, 2014

Finnish luxury hotel chain Kamp Group, which is owned by European private equity firm CapMan Group, has acquired the lifestyle Klaus K hotel in Helsinki for an undisclosed amount. More>>

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Is new supply ‘the biggest disruptor coming our way?’   9 May, 2014

New supply in the hotel transactions market may be the biggest problem in creating exit strategies for the foreseeable future.More>>

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North Dallas’ DoubleTree hotel has new owner   9 May, 2014

The DoubleTree Hotel at Campbell Centre on North Central Expressway has a new owner. Investor Black Forest Ventures bought the 300-room hotel tower in a deal brokered by HFF LP. More>>

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Sam Nazarian, sbe, make move to transform to management company   9 May, 2014

Sam Nazarian and his SLS hotel brand are looking to make the move to becoming a pure management play, not an owner of real estate—like most hotel companies have and are doing. More>>

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Grand Hotel in Brighton, UK, sold   6 May, 2014

The Grand Hotel in Brighton has been sold. The hotel in Kings Road Brighton had been up for sale with a £50-million price tag after owners the De Vere Group spent more than £7 million on improvements to the hotel.More>>




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