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Carey Watermark purchases the Boca Raton Marriott   16 Jun, 2014

Carey Watermark now owns the Boca Raton Marriott, a full-service hotel with 256 rooms located at the Boca Center, a mixed-use development that includes 375,000 square feet of class A office space, 21 retail stores, and 12 restaurants. An affiliate of HEI Hotels & Resorts will continue managing the...More>>

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Irvine, Calif., site purchased for future Hyatt House   12 Jun, 2014

Hyatt Development acquired a site in Irvine, Calif., for a 170-room Hyatt House select-service, extended-stay hotel. LBA Realty was the seller of the property, which traded for an undisclosed amount. The site is nearest to the Orange County Airport submarket. More>>

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ON THE BLOCK   12 Jun, 2014

Here are some more of the latest deals and sales in the hotel industry.More>>

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ON THE BLOCK   12 Jun, 2014

Here are some of the latest deals and sales in the hotel industry.More>>

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Off-shore capital boosts hotel real estate investment   12 Jun, 2014

Transactions appear to have held strong in the opening months of the new year.More>>

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Temple Hotels acquires two Days Inn hotels in Ontario   12 Jun, 2014

Real estate investment trust Temple Hotels has agreed to acquire two Days Inns in Thunder Bay, Ontario for an aggregate purchase price of $26.5 million. The two acquisitions represent an estimated capitalization rate of 9 percent based on the 2014-15 forecasted aggregate net income (after FF&E...More>>

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LIIC predicts long, slow lodging investment cycle   12 Jun, 2014

Survey results suggest hotel real estate values will not peak until 2017 or later.More>>

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MGM, Hakkasan to develop non-gaming hotels   12 Jun, 2014

MGM and Hakkasan have teamed up to develop and manage luxury non-gaming hotels and resorts in major global gateway cities.More>>

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Virginia's Richmond Marriott West has new owner   11 Jun, 2014

Lingerfelt CommonWealth Partners has acquired the 242-room Richmond Marriott West hotel in western Henrico County, reports the Richmond Times-Dispatch. A comprehensive, multimillion-dollar renovation of the 13-year-old property will follow, the company said. Terms of the deal were not disclosed.More>>

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REITs continue to make transaction noise   11 Jun, 2014

Real estate investment trusts are as active on the sell side as they are on the buy side. Chatham has closed a billion-dollar-plus buy, while FelCor is unloading assets to shore up balance sheet. More>>

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