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Omni to Acquire and Operate Five Resorts

Omni to Acquire and Operate Five Resorts

IRVING, Texas—Omni Hotels and Resorts announced it has reached a definitive agreement to purchase and operate five resort properties from entities affiliated with KSL Capital Partners. The properties will be reflagged under the Omni brand on July 1, representing a ...

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Chatham Lodging to Acquire Hyatt Place in Downtown Pittsburgh

PALM BEACH, Fla.—Chatham Lodging Trust, a hotel real estate investment trust (REIT) focused on investing in upscale extended-stay hotels and premium branded select-service hotels, announced that it has entered into an agreement to purchase the 178-room Hyatt Place Pittsburgh/North Shore ...

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NewcrestImage Acquiring 25 La Quinta Properties

NewcrestImage Acquiring 25 La Quinta Properties

Dallas-based NewcrestImage is acquiring 25 properties from La Quinta in a deal announced earlier this week. Mehul Patel, managing partner of the development and management firm (and current AAHOA Chair), said in a statement that the properties, which are located ...

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