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Carey Watermark Acquires Hyatt Place Austin Downtown

Carey Watermark Acquires Hyatt Place Austin Downtown

NEW YORK—Carey Watermark Investors, a non-traded real estate investment trust (REIT) focused on investing in lodging and lodging-related properties, announced that it has acquired Hyatt Place Austin Downtown, a 296-room upscale select-service hotel, for $87 million. The acquisition was financed ...

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Carey Watermark Investors Acquires Hawks Cay Resort

Carey Watermark Investors Acquires Hawks Cay Resort

NEW YORK—Carey Watermark Investors Incorporated (CWI) announced today that it has acquired the Hawks Cay Resort, the largest destination resort in the Florida Keys. Located on Duck Key—approximately 100 miles south of Miami and 60 miles northeast of Key West—Hawks ...

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Lake Arrowhead Resort and Spa Joins Autograph Collection

Lake Arrowhead Resort and Spa Joins Autograph Collection

NEW YORK—Carey Watermark Investors Incorporated (CWI) announced that Lake Arrowhead Resort and Spa, which was acquired by CWI in July 2012, has officially joined the Autograph Collection, part of the Marriott International, Inc. global portfolio. The 173-room resort, located in ...

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On the Money

On the Money

Michael Medzigian was something of an anomaly when he first began raising investment funds in the early 1990s. Having graduated from the School of Hotel Administration at Cornell University in 1982 and matriculating directly into hotel operations for Marriott, his ...

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