Tag: REITs
RLJ Lodging Trust Sells Additional Hotel for $15.7 Million
BETHESDA, Md.—RLJ Lodging Trust has sold the 150-room Hilton Garden Inn St. George in St. George, Utah, for approximately $15.7 million or $104,300 per...
Strategic Hotels’ Shares Rise Above 2008 Levels
While most hotel companies saw very positive gains in 2013, buoyed by strong fourth-quarter results, Strategic Hotels has had a better-than-expected trajectory.
According to this...
Hersha Hospitality Trust to Sell Hotel 373 in Manhattan
PHILADELPHIA—Hersha Hospitality Trust, owner of upscale hotels in urban gateway markets, announced that the company has entered into a definitive agreement to sell the...
RLJ Lodging Trust Sells Portfolio of 11 Hotels
BETHESDA, Md.--(BUSINESS WIRE)--RLJ Lodging Trust announced that the company has closed on the sale of a portfolio of 11 hotels for approximately $85 million....
Starwood Capital Possibly Prepping Share Sale
Starwood Capital, the Stamford, Conn.-based real estate investment company that owns more than 100 hotels in the U.S., is possibly considering selling shares to...