Stonebridge Expands in New Orleans With Le Méridien Acquisition
DENVER – Stonebridge Companies, a Denver-based, privately owned hotel owner, operator and developer, in partnership with an affiliate of Walton Street Capital, LLC, has...
MGP and Blackstone Form Joint Venture to Acquire MGM Grand and Mandalay Bay for...
LAS VEGAS — MGM Growth Properties LLC (MGP) and Blackstone Real Estate Income Trust, Inc. (BREIT) today announced that they have entered into a...
McNeill Hotel Investors Acquires Hyatt Place Huntsville in Alabama
Germantown, Tenn. — McNeill Hotel Investors announced the acquisition of the newly built 131-room Hyatt Place Huntsville / Research Park, Ala., the company’s fourth...
Hunter Hotel Advisors Completes Sale of Five Hilton-Branded Properties
ATLANTA — Hunter Hotel Advisors, an investment advisory firm focused exclusively on the hotel industry, recently announced the sale of five Hilton-branded properties owned...
Waramaug Acquires Holiday Inn Express & Suites in Bonita Springs, Florida
Boca Raton, Fla. — Waramaug Hospitality has acquired the Holiday Inn Express & Suites Naples North–Bonita Springs in Bonita Springs, Florida.
The four-story, 105-room property...
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Controlling Utility Costs: Volatile Market Conditions Call for a Focus on Contracts and Energy...
Over the past four years, utility costs at U.S. hotels have increased at a pace greater than total operating revenue. As a result, utility...
The Bentley Hotel Southampton to Join JdV by Hyatt Brand
CHICAGO, Illinois—Hyatt Hotels Corporation announced The Bentley Hotel Southampton has officially joined the Hyatt portfolio as an affiliated hotel, in collaboration with Bijal Hospitality,...
Gale Miami Hotel and Residences Partners With Stayntouch
BETHESDA, Maryland—Stayntouch announced a new partnership with Gale Miami Hotel and Residences, a 51-story, 688-room hybrid apartment/hotel in downtown Miami, Florida, set to open...
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