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Starwood Capital Group to Acquire TMI Hospitality

Starwood Capital Group to Acquire TMI Hospitality

GREENWICH, Conn./FARGO, N.D.—Starwood Capital Group, through a controlled affiliate of Starwood Global Opportunity Fund X, has entered into an agreement to acquire all of the outstanding stock of TMI Hospitality from the TMI Hospitality Employee Stock Ownership Plan. The acquisition ...

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Carey Watermark Acquires Boca Raton Marriott

Carey Watermark Acquires Boca Raton Marriott

NEW YORK—Carey Watermark Investors Incorporated has acquired the Boca Raton Marriott at Boca Center, a 256-room full service hotel in Boca Raton, Fla. The hotel will continue to be managed by an affiliate of HEI Hotels & Resorts. The Boca ...

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Chatham Lodging Completes 47-Hotel Acquisition in Joint Venture

Chatham Lodging Completes 47-Hotel Acquisition in Joint Venture

PALM BEACH, Fla.—Chatham Lodging Trust today announced that it completed the previously announced acquisition of a 51-hotel, 6,848-room portfolio from a joint venture comprised of Cerberus Capital Management LP and Chatham in two separate transactions. The combined total purchase price ...

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Loews Purchases Graves 601 Hotel Wyndham Grand

Loews Purchases Graves 601 Hotel Wyndham Grand

NEW YORK—Loews Hotels & Resorts has entered into an agreement to purchase the 255-room Graves 601 Hotel Wyndham Grand from the Graves Hospitality Corporation. The acquisition is expected to close in early July. Graves 601 Hotel is the fourth major ...

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Accor Purchases 97 Hotels In Europe

Accor Purchases 97 Hotels In Europe

Accor announced that its HotelInvest business has agreed to purchase two real estate portfolios representing 86 and 11 hotels respectively (12,838 rooms) for a total consideration of about 900 million euros. “These transactions send a strong signal of our capability ...

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