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Boston University Sells the Hotel Commonwealth

Boston University Sells the Hotel Commonwealth

BOSTON—Boston University announced that it has sold the Hotel Commonwealth to a partnership between investment firm Fundamental Advisors LP and Sage Hospitality, a privately held hotel management and ownership company. The four-star boutique hotel, which was developed by Boston University, ...

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IHG Signs Third Holiday Inn Property in Madrid

IHG Signs Third Holiday Inn Property in Madrid

LONDON—IHG (InterContinental Hotels Group) announced the signing of its third Holiday Inn hotel in Madrid, the Holiday Inn Madrid Calle Alcala. The hotel will open in April 2013, following a conversion from a Velada hotel and will operate under a ...

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Kimpton Adds the Hotel Wilshire to Los Angeles Portfolio

Kimpton Adds the Hotel Wilshire to Los Angeles Portfolio

SAN FRANCISCO—Kimpton Hotels & Restaurants has announced it has purchased the 74-room Hotel Wilshire through a joint venture with OSM Investment Company. The LEED-certified boutique hotel in the Miracle Mile section of Los Angeles marks the second LEED-certified hotel in ...

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