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Mexico's Fibra Inn acquires two Microtels    25 Nov, 2014

Fibra Inn, a Mexican real estate investment trust specializing in the hotel industry, has acquired two Microtel Inn & Suites located in Culiacan and Ciudad Juarez and totaling 226 rooms. Fibra Inn has a portfolio of 30 hotelsMore>>

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China continuation: Sunshine Insurance acquires Sydney Sheraton for large sum   24 Nov, 2014

Looks like China-based insurance companies sure have a taste for hotels, these days. Today we learn that Starwood Hotels & Resorts Worldwide has sold the Sheraton on the Park, in Sydney, Australia, to Sunshine Insurance Group Corporation AUS$463 million, which equates into around US$399 million....More>>

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Mexican REIT FibraHotel acquires Sheraton property, expands Starwood relationship   18 Nov, 2014

FibraHotel, a real estate investment trust specialized in urban business-class hotels in Mexico, has acquired the Sheraton Ambassador Monterrey, adding 229 rooms to FibraHotel's portfolio. The transaction will represent a total investment of $13.5 million by FibraHotel, including a renovation over...More>>

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NorthStar Realty closes on $1.1-billion hotel portfolio   18 Nov, 2014

NorthStar Realty Finance Corp. has closed its acquisition of a $1.1-billion hotel portfolio from Inland American Real Estate Trust. NorthStar Realty now owns a $3-billion hotel portfolio comprised of 155 upscale extended-stay and select-service hotels with 20,250 rooms. More>>

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Strategic jumps back in with Four Seasons Scottsdale buy   18 Nov, 2014

Strategic Hotels & Resorts has been rather quiet of late, but the Chicago-based REIT today announced it has made a luxury acquisition—The Four Seasons Resort Scottsdale at Troon North, for $140.0 million. The deal is valued at $666,000 per key for the 210-room luxury hotel. More>>

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The Sheraton Arlington has a new owner    17 Nov, 2014

Urbana Varro, a national commercial real estate investment, development, and management firm, said it has acquired the 311-room Sheraton Arlington in Texas. A purchase price was not disclosed. The hotel is adjacent to the Arlington Convention Center and within walking distance to AT&T Stadium, home...More>>

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Danish PE group acquires Copenhagen Marriott    17 Nov, 2014

Danish private equity firm Solstra has acquired the Copenhagen Marriott for many believe to be around $117 million. Solstra is a majority stakeholder in the Bella Centre, which features the hotels Bella Sky and Crowne Plaza among other properties.More>>

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DiamondRock sells L.A. airport Marriott for $160M   17 Nov, 2014

DiamondRock Hospitality Company has entered into a purchase and sale agreement to sell the 1,004-room Los Angeles Airport Marriott. This transaction is the result of a reverse inquiry from the same buyer who purchased the Torrance Marriott from the Company in late 2013. More>>

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Infrared Capital sells NH Hotel, part of mega-deal in Cologne, Germany   14 Nov, 2014

Infrared Capital Partners has sold the 217-room NH Hotel, in Cologne, Germany, to Internos Hotel Real Estate Fund for a reported $36 million. The sale is part of a deal, which also saw Infrared sells the Cologne Tower office building to Canadian REIT Dream Global for around $137 million.More>>

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Poland's Orbis approves $176M Accor hotel buy   14 Nov, 2014

Reuters reports that the supervisory board of Polish hotel group, Orbis, has approved the purchase of 46 hotels in central Europe for $176.5 million from Orbis' French owner Accor. Currently, the Polish group runs 68 hotels in 32 cities in Poland, Lithuania and Latvia.More>>




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