merger

Starwood Capital Group Acquires 10-Hotel Portfolio From Edwardian Group

LONDON—Starwood Capital Group announced that a controlled affiliate acquired a portfolio of 10 hotels from Edwardian Group for an undisclosed sum via an off-market...

Noble Fund V Holds Closing Round With $1.0 Billion of Equity Commitments

ATLANTA, Georgia—Noble Investment Group announced that it held the final closing for Noble Hospitality Fund V, L.P. (Noble Fund V). This is the fifth...
Home2 Suites by Hilton Avalon

JLL Arranges Sale of Home2 Suites by Hilton Avalon

ATLANTA, Georgia—JLL’s Hotels & Hospitality Group announced that it arranged the sale of the Home2 Suites by Hilton Avalon, located in Alpharetta, Georgia. JLL...

Auro Hotels Acquires Courtyard by Marriott Orlando Airport

ORLANDO, Florida—Auro Hotels announced the newest addition to its portfolio: the Courtyard by Marriott Orlando Airport. This property acquisition adds to its base in...
Hilton Cocoa Beach

Driftwood Capital Refinances the Hilton Cocoa Beach Oceanfront Hotel

COCOA BEACH, Florida—Driftwood Capital announced the $60 million refinancing of the Hilton Cocoa Beach Oceanfront Hotel, a 295-key resort in central Florida’s Space Coast. Managing...
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Wyndham Hotels & Resorts Reports Q1 2024 Results

PARSIPPANY, New Jersey—Wyndham Hotels & Resorts announced results for the three months ended March 31, 2024. Highlights include: Global RevPAR grew 1 percent in constant...
Comings & goings

This Week’s Comings & Goings

Concord Hospitality announced the appointment of Will Loughran as its new chief operating officer. He will report to Mark Laport, president and CEO. He...

Driftwood Capital Secures Refinancing for Sheraton Park City Hotel

PARK CITY, Utah—Driftwood Capital announced it secured $33 million in refinancing for the Sheraton Park City hotel in Park City, Utah, a 200-key hotel...
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