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RLJ Lodging Trust to Acquire Hilton Cabana Miami Beach

RLJ Lodging Trust to Acquire Hilton Cabana Miami Beach

BETHESDA, Md.—RLJ Lodging Trust announced that it has entered into a purchase and sale agreement to acquire upon completion the 231-room Hilton Cabana Miami Beach for a fixed purchase price of $71.6 million, or approximately $310,000 per key. The property ...

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DoubleTree by Hilton Opens Fourth Hotel in Baltimore Area

DoubleTree by Hilton Opens Fourth Hotel in Baltimore Area

MCLEAN, Virginia—DoubleTree by Hilton announced the opening of the newly renovated, upscale, full-service, 171-room DoubleTree by Hilton Hotel Baltimore North – Pikesville. Formerly a Hilton, the hotel is owned and operated by Pikesville Hotel Limited Partnership, a division of the ...

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Modus Hotels Acquires Brookshire Suites in Downtown Baltimore

Modus Hotels Acquires Brookshire Suites in Downtown Baltimore

WASHINGTON, D.C.—Modus Hotels announced it has acquired the 97-suite Brookshire Suites, Modus’ first hotel in downtown Baltimore and its third hotel acquisition of 2012. The company will invest several million dollars to fully renovate and re-concept the property and incorporate ...

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