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Brookfield Acquires Thayer Lodging Group

Brookfield Acquires Thayer Lodging Group

Toronto-based Brookfield Asset Management has acquired Thayer Lodging Group Inc., a privately held hotel investment company. Since forming its first private equity fund more than two decades ago, Thayer completed 43 hotel investments with a total acquisition cost of approximately ...

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Carlson Sells TGI Fridays to Sentinel Capital Partners

Carlson Sells TGI Fridays to Sentinel Capital Partners

Carlson announced that it has entered into a definitive agreement for the sale of TGI Fridays Restaurants to Sentinel Capital Partners and TriArtisan Capital Partners. The Wall Street Journal reported that the sale of the global restaurant chain values Fridays at ...

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New Subpoena Issued in New York Airbnb Case

New Subpoena Issued in New York Airbnb Case

A day after a New York judge ruled the state’s request for information on Airbnb hosts was too broad, New York attorney general Eric Schneiderman issued a revised subpoena in it’s ongoing probe of the short-term online rental marketplace. According ...

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SBE Moves to Asset-Light Model

SBE Moves to Asset-Light Model

Hospitality, real estate, and entertainment company SBE, helmed by Sam Nazarian, is moving to an asset-light model so it can focus on its management operations, according to this article from Bloomberg. Nazarian is putting his SLS Beverly Hills hotel on ...

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