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Pebblebrook Hotel Trust Acquires W Los Angeles – Westwood

BETHESDA, Md.—Pebblebrook Hotel Trust (the “Company”) announced that it has acquired the W Los Angeles – Westwood hotel for $125 million. The 258-room, all-suite, luxury, full-service hotel is located in the Westwood neighborhood of Los Angeles, California. The property will ...

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Starwood Bringing Aloft Brand to Russia

ST. PETERSBURG, Russia—Starwood Hotels & Resorts Worldwide, Inc. and its brand, Aloft Hotels, announced the signing of Aloft St. Petersburg. The opening of Aloft St. Petersburg in 2015 will mark the debut of Starwood’s Aloft Hotels brand in Russia. Owned ...

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Clarion Hotel to Become Holiday Inn in Parramatta, Australia

SYDNEY,Australia—InterContinental Hotels Group (IHG) has announced the signing of a new franchise agreement that will see the 181-room Clarion Hotel on the Park Parramatta become Holiday Inn Parramatta. The ten-year franchise agreement with owner, Australia and NZ International Investment Group ...

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Starwood Hotels Completes Sale of W Chicago – Lakeshore

STAMFORD, Conn.—Starwood Hotels & Resorts Worldwide, Inc. today announced that it has completed the sale of W Chicago – Lakeshore to Chesapeake Lodging Trust for $126 million. As part of the sale, Chesapeake has agreed to undertake a comprehensive property ...

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