Category Archives: Acquisitions

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Ashford Trust to Acquire Fremont Marriott Silicon Valley

Ashford Trust to Acquire Fremont Marriott Silicon Valley

DALLAS—Ashford Hospitality Trust Inc. announced today that it has signed a definitive agreement to acquire the 357-room Fremont Marriott Silicon Valley hotel. The acquisition is expected to close within the next 30 days. Located in the vibrant Silicon Valley submarket ...

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Banyan, Investra Purchase Holiday Inn Express in S.C.

Banyan, Investra Purchase Holiday Inn Express in S.C.

Banyan Investment Group and Investra Investments have purchased the Holiday Inn Express & Suites in Bluffton, S.C., from Veritas Hospitality Group, a division of the Stafford Companies, based in Tifton, Ga. Loxi Hospitality provided advisory services with the transaction. This ...

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Loews Purchases InterContinental Chicago O’Hare Hotel

Loews Purchases InterContinental Chicago O’Hare Hotel

NEW YORK CITY—Loews Hotels & Resorts has entered into an agreement to purchase the 556-room InterContinental Chicago O’Hare Hotel. The acquisition is expected to close in late July. The InterContinental Chicago O’Hare will be the second hotel for Loews in ...

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Starwood Capital Group to Acquire TMI Hospitality

Starwood Capital Group to Acquire TMI Hospitality

GREENWICH, Conn./FARGO, N.D.—Starwood Capital Group, through a controlled affiliate of Starwood Global Opportunity Fund X, has entered into an agreement to acquire all of the outstanding stock of TMI Hospitality from the TMI Hospitality Employee Stock Ownership Plan. The acquisition ...

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