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FelCor sells Embassy Suites in Atlanta, agress to sell another in Bloomington, Minn.   5 Feb, 2014

FelCor Lodging Trust has sold its 232-room Embassy Suites hotel in Atlanta for $17.2 million. The company also agreed to sell its 218-room Embassy Suites hotel in Bloomington, MN for $24 million. More>>

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Outrigger acquires two Fiji properties   3 Feb, 2014

Hawaii-based Outrigger Hotels and Resorts has purchased from a partner the complete shareholding in the ownership company of Outrigger on the Lagoon Fiji and the privately held Castaway Island, Fiji, for an undisclosed price. The transaction closed on January 31, and gives Outrigger 100-percent...More>>

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Swiss fund Acron acquires Brazil's Hotel Gloria for $83M   3 Feb, 2014

Switzerland's Acron AG has purchased Rio de Janeiro's Hotel Gloria from Brazilian businessman Eike Batista, and is in negotiations with five management groups to manage the hotel, including Four Seasons.More>>

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Clear, more focused bidding to distinguish 2014   3 Feb, 2014

2014 looks set to see sharper and more intense bidding in the transaction market, especially for high-quality assets.More>>

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REIT Summit acquires San Francisco Four Points, completes two dispositions    31 Jan, 2014

Summit Hotel Properties has announced the acquisition of the Four Points by Sheraton in San Francisco, as well as the completion of two previously announced dispositions: the 89-room AmericInn Hotel & Suites and the 57-troom Aspen Hotel & Suites located in Fort Smith, Ark.More>>

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Marriott sells interests in Renaissance Barcelona for $105M   30 Jan, 2014

Marriott International has sold its leasehold interests in the Renaissance Barcelona Hotel to an affiliate of the Qatar Armed Forces Investment Portfolio for approximately €78 million, around $105 million, including €45 million ($62 million) cash and the assumption of €33 million ($45...More>>

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Rockbridge picks up Aqua Waikiki Wave Hotel in Honolulu   29 Jan, 2014

The 247-room hotel is one block from Waikiki Beach and adjacent to the International Market Place. RB Hotel Development will manage the project and Pyramid Hotel Group will operate the hotel. More>>

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HREC arranges sale of Dallas' DoubleTree Market Center   28 Jan, 2014

Axle Capital Group and a partner acquired the property. The seller, Rolf Tweeten, principal with Alliance Hospitality Management in Raleigh, N.C., will continue to manage the property.More>>

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Inland American, Kessler JV on two new-build boutique hotels   28 Jan, 2014

​It's been a heckuva few months for the Inland American Lodging Group, the wholly owned subsidiary of Inland American Real Estate Trust. Yesterday the group announced it formed two new joint venture agreements with Kessler Enterprises for a combined $68.5-million investment to develop two luxury...More>>

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More details on Sacramento Kings mixed-use arena deal   28 Jan, 2014

The deal that will net Sacramento a new mixed-use hotel, retail and residential development surrounding a new arena officially closed yesterday and the Kings borrowed $35M last week from Goldman Sachs Bank in connection with the deal. The Kings and developer JMA will focus on construction of a...More>>

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