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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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Hilton Worldwide Unveils Plans For Qatar Beach Resort

Hilton Worldwide Unveils Plans For Qatar Beach Resort

DUBAI, U.A.E. and MCLEAN, Va.—Hilton Worldwide has announced plans with Qatar investors Al-Rayyan Hospitality to develop a new Hilton Hotels & Resorts property at Salwa Beach in Qatar. The development, the largest of its kind in the Middle East and ...

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7 Tips from Blackstone’s Jonathan Gray

7 Tips from Blackstone’s Jonathan Gray

At the NYU International Hospitality Industry Investment Conference last week, Jonathan Gray, global head of real estate at Blackstone, discussed everything from the current economic environment and hot markets to the firm’s investment strategies and recent $1.73 billion acquisition of ...

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