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RLJ to Acquire 10-Hotel Portfolio From Hyatt

RLJ to Acquire 10-Hotel Portfolio From Hyatt

BETHESDA, Md.—RLJ Lodging Trust and Hyatt Hotels Corporation announced that Hyatt affiliates have entered into a definitive purchase and sale agreement for RLJ to acquire a portfolio of 10 hotels totaling 1,560 rooms consisting of Hyatt, Hyatt Place, and Hyatt ...

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Outrigger Acquires Two Fiji properties

Outrigger Acquires Two Fiji properties

HONOLULU, Hawaii—Hawaii-based Outrigger Hotels and Resorts continues to expand its global portfolio with the announcement that it has purchased from its partner, Geoffrey Shaw, the complete shareholding in the ownership company of Outrigger on the Lagoon, Fiji, and his privately ...

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Starwood Sells Off St. Regis Bal Harbour Resort

Starwood Sells Off St. Regis Bal Harbour Resort

STAMFORD, Conn.—Starwood Hotels and Resorts Worldwide and Al Rayyan Tourism Investment Company (ARTIC), the international hospitality subsidiary of Al Faisal Holding Company, one of Qatar’s largest private diversified industry groups, announced that ARTIC has acquired The St. Regis Bal Harbour ...

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Cachet Hotel Group Takes Full Ownership of URBN Brand

Cachet Hotel Group Takes Full Ownership of URBN Brand

SHANGHAI—Cachet Hotel Group (CHG) announced the completion of the acquisition of URBN Hotel in Shanghai by CHG’s co-founder Robert Roche. The transaction was announced as an all cash buyout for an undisclosed sum. URBN Hotel is a gold standard for ...

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Starwood Capital Group Acquires Four Pillars Hotels

Starwood Capital Group Acquires Four Pillars Hotels

GREENWICH, Conn.—A fund affiliated with Starwood Capital Group, a global private investment firm, announced that it has acquired UK hotel owner and operator Four Pillars Hotels. The transaction includes a portfolio of five owned and leased hotels and one managed ...

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