Home / Tag Archives: hotel acquisition (page 2)

Tag Archives: hotel acquisition

Feed Subscription

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 ...

Read More »

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 ...

Read More »

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 ...

Read More »

Pebblebrook Hotel Trust Acquires the Prescott Hotel

Pebblebrook Hotel Trust Acquires the Prescott Hotel

BETHESDA, Md.—Pebblebrook Hotel Trust has acquired the Prescott Hotel for $49 million. The 160-room hotel is located in the heart of Union Square in San Francisco, Calif. The property will continue to be managed by Kimpton Hotels & Restaurants. “We’re ...

Read More »
Scroll To Top