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Shiva Hotels acquires London’s Kingsway Hall Hotel for hefty sum   15 Oct, 2014

Shiva Hotels has purchased The Kingsway Hall Hotel, a landmark property in London’s Covent Garden, for £96 million, reports Hotel Owner. Another £15 million reportedly will go toward an extensive renovation.More>>

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Hawaii's Kahala Hotel sells for $282 million   15 Oct, 2014

The Kahala Hotel & Resort in East Oahu has been sold to Japan-based Resorttrust Inc. in a leasehold sale for $282.5 million. Landmark Hotels, the resort’s operator, will remain in place.More>>

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Time to sell: Make the most of high demand   14 Oct, 2014

Record-breaking fundamentals drive a still-cautious sales marketMore>>

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Interstate maintains strong growth here and abroad   13 Oct, 2014

Interstate Hotels & Resorts, already one of the largest global hotel management companies, grows its portfolio with management rights deal with Rim Hospitality.More>>

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Huff, Niehaus & Associates arranges sale of five-hotel portfolio   9 Oct, 2014

Huff, Niehaus & Associates, a member of Hotel Brokers International, announced the sale of the 583-room, five extended-stay hotel portfolio located in Kentucky and Indiana consisting of three Candlewood Suites and two Suburban Extended Stays. More>>

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Oxford Development buys Crowne Plaza Pittsburgh South    9 Oct, 2014

Pittsburgh-based Oxford Development has acquired the 179-room Crowne Plaza Pittsburgh South hotel, reports the Pittsburgh Business Times. Speculation is that the hotel sold for around $3 million. The seller was a fund called SageCrest.More>>

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Highgate's sale of minority stake could augur growth, exposure   8 Oct, 2014

Hotel management company Highgate Hotels has reportedly sold a minority stake to private-equity firm Trilantic Capital Partners, a move that could signal further expansion for the Norwalk, Conn., company.More>>

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International hotel brands look to expand in Ethiopia   8 Oct, 2014

Brands like Accor, Wyndham and others are turning to Ethiopia as the new African hotspot for development.More>>

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Host Hotels buys two, sells one   6 Oct, 2014

Host Hotels & Resorts announced three transactions: The company acquired the 242-room b2 miami downtown hotel for $57.5 million; acquired a 90-percent ownership interest in the entity that owns the 394-room Grand Hotel Esplanade in Berlin; and sold the 719-room Tampa Marriott Waterside Hotel &...More>>

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Carey Watermark acquires Sawgrass Marriott    6 Oct, 2014

Carey Watermark Investors, a non-traded real estate investment trust, has acquired the 511-room Sawgrass Marriott Golf Resort & Spa, in Ponte Vedra Beach, Fla., from an affiliate of Goldman Sachs and Petra Capital Management. Terms of the deal were not disclosed. More>>




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