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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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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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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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Summit Hotel Properties Closes Three Acquisitions

Summit Hotel Properties Closes Three Acquisitions

AUSTIN, Texas—Summit Hotel Properties announced that it has closed on three previously announced acquisitions and completed the disposition of five hotels. The acquisitions include the 213-guestroom Hyatt Place located in Minneapolis, Minn., the 182-guestroom Hilton Garden Inn located in Houston, ...

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Noble Acquires the Q Hotel in Westport Kansas City

Noble Acquires the Q Hotel in Westport Kansas City

ATLANTA—Noble Investment Group announced the acquisition of the Q Hotel located in the historic Westport District of Kansas City, Mo. The 123-room hotel will undergo a comprehensive renovation and conversion to become one of the first AC Hotels by Marriott ...

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