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Summit Hotel Properties to Acquire Ten Hotels

SIOUX FALLS, S.D.— Summit Hotel Properties, Inc. (the “Company”) announced that it has entered into a definitive agreement to acquire a portfolio of eight unencumbered hotels containing an aggregate of 1,043 guestrooms (the “Hyatt Portfolio”) from certain affiliates of Hyatt ...

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Andaz Savannah Opens in Place of Former Avia Savannah Hotel

SAVANNAH, Ga.—Andaz Savannah opened in the former Avia Savannah in historic downtown Savannah. The hotel just completed a renovation of its public areas to add an Andaz Lounge and introduce a new restaurant, 22 Square, emphasizing fresh regional ingredients and ...

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Eagle Hospitality Seeks to Sell Its 13 Hotels

PURCHASE, N.Y.—Eagle Hospitality Properties Trust (“Eagle Hospitality”) announced today that it has reached an agreement with its secured lender that allows the Company to sell its 13 premium-branded hotels and repay its secured debt at a discount. Eagle Hospitality will ...

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Andaz Napa Opens as First Andaz Hotel in Northern California

NAPA, Calif.—The first Andaz hotel in Northern California, Andaz Napa, is open for business. The transformation of of the hotel draws from surrounding agricultural practices, with touches of inspiration from the local wine trade and its vineyards. The restaurant, Andaz ...

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