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Investor Group Acquires Napa Valley’s Calistoga Ranch

Investor Group Acquires Napa Valley’s Calistoga Ranch

MILL VALLEY, Calif.—Auberge Resorts, a developer and operator of boutique luxury resorts and private clubs, announced the acquisition of the 50-room Calistoga Ranch, the award-winning Napa Valley luxury resort from Olympus Real Estate. Auberge was joined in the acquisition by ...

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Sotherly Hotels Acquires Crowne Plaza Houston Downtown

Sotherly Hotels Acquires Crowne Plaza Houston Downtown

WILLIAMSBURG, Va.—Sotherly Hotels announced that the company has acquired the entity which owns the Crowne Plaza Houston Downtown Hotel for $30.65 million in cash and 32,929 units of limited partnership interests in Sotherly Hotels, plus an additional cash amount for ...

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Marriott to Acquire Protea Hotel Group

Marriott to Acquire Protea Hotel Group

BETHESDA, Md.—Marriott International said it has signed a letter of intent with Protea Hospitality Holdings of Cape Town, South Africa to acquire Protea Hotels’ brands and its management business that operates or franchises 116 hotels across three brands with 10,184 ...

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Noble Investment Group Acquires Two Arizona Hotels

Noble Investment Group Acquires Two Arizona Hotels

ATLANTA—Noble Investment Group announced the acquisition of two Arizona hotels, the Windmill Suites Hotel Tucson at the University of Arizona and the Windmill Suites Hotel in Phoenix/Chandler at the Chandler Fashion Center. The two properties will undergo more than $18 ...

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Hotel Duval Sells for $23 Million

Hotel Duval Sells for $23 Million

ATLANTA—Hunter Hotel Advisors announced that the company exclusively represented Hunter and Harp Holdings in the $23 million sale of the luxury-boutique 117-room Hotel Duval in Tallahassee, Fla. Constructed in 1951, the hotel recently joined the of Marriott’s Autograph Collection brand ...

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