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Vail Resorts Acquires Park City Mountain Resort

Vail Resorts Acquires Park City Mountain Resort

BROOMFIELD, Colo.—Vail Resorts Inc. has acquired Park City Mountain Resort (PCMR) from Powdr Corp. for $182.5 million in cash, subject to certain post-closing adjustments. The acquisition includes all of the assets of Greater Park City Company (GPCC), the land used ...

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Starwood Capital Group Acquires The Roxburghe Hotel

Starwood Capital Group Acquires The Roxburghe Hotel

GREENWICH, Conn.—Starwood Capital Group announced that it has acquired, through a controlled affiliate, The Roxburghe, a landmark hotel in Edinburgh, Scotland. Terms of the transaction were not disclosed. The Roxburghe comprises a series of townhouses originally built in 1791, as ...

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Noble Investment Group Acquires Miami SpringHill Suites by Marriott

Noble Investment Group Acquires Miami SpringHill Suites by Marriott

MIAMI—Noble Investment Group announced the acquisition of the SpringHill Suites by Marriott Miami Airport South. The property, which recently completed a comprehensive renovation, will be the second Miami hotel in Noble’s portfolio. “This acquisition expands Noble’s footprint in Miami’s Airport ...

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Vantage to Transform America’s Best Franchising Brands

Vantage to Transform America’s Best Franchising Brands

When Sterling Stoudenmire came on board as president and CEO of America’s Best Franchising (ABF) in February, he was tasked with dramatically redefining, repositioning, and relaunching the company’s brands. Knowing that ABF intended to move quickly, Vantage Hospitality President and ...

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