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How Accor is bucking the asset-light trend    26 Aug, 2014

Accor announced that HotelInvest, the group's hotel owner and investor business, has purchased a portfolio of 13 UK hotels from Tritax for a total of €89 million (around $117 million). The hotel company, which operates mostly in the economy and midscale segments, is looking to acquire real...More>>

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NY group picks up Buffalo Holiday Inn   22 Aug, 2014

Visions Hotels has emerged as the owner of the 199-room Holiday Inn Buffalo-Amherst, paying $4.6 million via an online auction run by CW Capital Asset Management and, reports Buffalo Business First. Bids reportedly began at $1.375 million.More>>

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Blackstone buying Tampa Westin   22 Aug, 2014

The owner of the Westin Harbour Island hotel in Tampa, Fla., is selling the hotel and surrounding property to Blackstone Group for a reported $49.5 million. Wilder Corp. has owned the property since 2005. More>>

Howard Feiertag Newswire
Looking above and beyond amid a seller’s market   21 Aug, 2014

The industry is set up nicely for the rest of the year and, likely, 2015; however, be wary as 2016 approaches More>>

Good times: Selling price per room soars in first half '14   20 Aug, 2014

The average selling price per room year-over-year (YOY) catapulted 28 percent in the first half of 2014 More>>

Hotel Openings   20 Aug, 2014

A look at some of the new hotel openings in the U.S.More>>

Constellation Barclay Holding US Newswire
Big-ticket deals on the rise   20 Aug, 2014

Peak hotel pricing shows strong marketMore>>

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Africa's Sun International makes big divestments   18 Aug, 2014

Sun International has entered into an agreement with Minor International (MINT) to dispose of a portion of its African assets, CNBC Africa reports. The collective net purchase consideration amounts to 664 million rand, or around $63 million. More>>

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Kennedy Wilson buys Fairmont Hotel, St Andrews   18 Aug, 2014

Kennedy Wilson Europe Real Estate has entered into an agreement to acquire the Fairmont Hotel, St Andrews, Scotland from SABD Holding (UK) Limited for a reported £32.4 million (around $54 million), or about £155,000 ($259,000) per key. The all-cash acquisition is expected to close this month.More>>

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Local Jamaican owner outbids nine for former Wyndham hotel   15 Aug, 2014

Local hotelier Kevin Hendrickson is the new owner of the former Wyndham hotel in Kingston, Jamaica, having reportedly outbid nine others during an auction of the property by international marketing firm Colliers, according to Jamaica's The Gleaner. The acquisition will is the fifth property for...More>>

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