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Urban Commons Purchases Two Hotels in San Mateo, Calif.

Urban Commons Purchases Two Hotels in San Mateo, Calif.

LOS ANGELES—Urban Commons announced the purchase of the 110-room Comfort Inn and the 110-room Holiday Inn in San Mateo, Calif. The hotels are located in the high-tech enclave of Silicon Valley which surrounds the San Francisco Bay Area. Urban Commons ...

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Avocet Hospitality Group Acquires Anchorage Inn

Avocet Hospitality Group Acquires Anchorage Inn

CHARLESTON, S.C.—Avocet Hospitality Group, based in Charleston, SC, has acquired The Anchorage Inn, a 19-room hotel located on Vendue Range in Charleston’s historic district. The Anchorage Inn becomes the third Charleston hotel under Avocet Hospitality Group’s management. The group also ...

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Hyatt to Acquire The Peabody Orlando

Hyatt to Acquire The Peabody Orlando

CHICAGO—Hyatt Hotels Corporation announced that a wholly owned Hyatt subsidiary plans to purchase the 1,641-room Peabody Orlando hotel for $717 million from UST Hotel Joint Venture, Ltd., comprised of affiliates of Belz Enterprises and Estein and Associates USA, Ltd. The ...

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