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Chatham, Northstar to Acquire $1.1B Hotel Portfolio

Chatham, Northstar to Acquire $1.1B Hotel Portfolio

PALM BEACH, Fla.—Chatham Lodging Trust today announced that it has acquired the recently re-opened 194-room Hyatt Place Denver/Cherry Creek for $32 million, or approximately $165,000 per room. In addition, the company has entered into a definitive agreement to acquire, through ...

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Kessler Collection Breaks Ground on New Grand Bohemian Hotel

Kessler Collection Breaks Ground on New Grand Bohemian Hotel

ORLANDO, Fla.—The Kessler Collection, a portfolio of 10 boutique hotels and restaurants, hosted a groundbreaking event commencing construction on Grand Bohemian Hotel Mountain Brook, in the Mountain Brook suburb of Birmingham, Ala. on Thurs., Jan. 16. During the ceremony, area ...

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Inland American Acquires Loews New Orleans

Inland American Acquires Loews New Orleans

OAK BROOK, Ill.—Inland American Lodging Group, a wholly owned subsidiary of Inland American Real Estate Trust, announced that it has acquired the 21-story, 285-room Loews New Orleans for a purchase price of $74.5 million, or approximately $261,000 per key. Loews ...

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