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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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Marriott to Sell Three Edition Hotels

Marriott to Sell Three Edition Hotels

BETHESDA, Md.—Marriott International has recently entered into a non-binding letter of intent for the sale of three Edition hotels subject to long-term management agreements. The three hotels (located in London, Miami Beach, and Manhattan) are currently owned by Marriott and ...

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Pebblebrook Hotel Trust Acquires The Redbury Hotel

Pebblebrook Hotel Trust Acquires The Redbury Hotel

BETHESDA, Md.—Pebblebrook Hotel Trust announced that it has acquired the award-winning Redbury Hotel for $34 million. The 57-room, all-suite, luxury, full-service hotel is located in the center of Hollywood, Calif. The property will continue to be managed by sbe Hotel ...

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