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RLJ Lodging Trust Acquires Hyatt Atlanta Midtown

RLJ Lodging Trust Acquires Hyatt Atlanta Midtown

BETHESDA, Md.—RLJ Lodging Trust today announced that it has acquired the 194-room Hyatt Atlanta Midtown located in Atlanta, Ga., for a purchase price of $49.5 million, or approximately $255,000 per key. The purchase price represents a forward capitalization rate of ...

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Loews Completes Acquisition of Graves 601 Hotel

Loews Completes Acquisition of Graves 601 Hotel

NEW YORK, N.Y.—Loews Hotels & Resorts has completed the acquisition of the 255-room Graves 601 Hotel Wyndham Grand. Located at the center of the business, theater, and entertainment districts in the heart of downtown Minneapolis, the former Graves Hospitality property ...

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Loews Purchases InterContinental Chicago O’Hare Hotel

Loews Purchases InterContinental Chicago O’Hare Hotel

NEW YORK CITY—Loews Hotels & Resorts has entered into an agreement to purchase the 556-room InterContinental Chicago O’Hare Hotel. The acquisition is expected to close in late July. The InterContinental Chicago O’Hare will be the second hotel for Loews in ...

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