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Host Hotels & Resorts Sells the Atlanta Marriott Marquis

Host Hotels & Resorts Sells the Atlanta Marriott Marquis

BETHESDA, Md.—Host Hotels & Resorts Inc. announced that on January 11 Host Hotels & Resorts L.P. sold the 1,663-room Atlanta Marriott Marquis in Atlanta, GA for $293 million. The hotel is subject to a long-term management agreement with Marriott International ...

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Sale of New York’s Plaza Hotel is Complete

NEW YORK—Sahara India Pariwar, an India-based conglomerate, completed the purchase of a 75 percent interest in the Plaza Hotel New York from real estate company El Ad US Holdings’ position in the hotel with a total valuation of $575 million. ...

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Red Lion Hotels Selling Property in Pendleton, Oregon

SPOKANE, Wash.—Red Lion Hotels Corporation announced the company has listed for sale the Red Lion Hotel Pendleton in Oregon. “We have successfully sold three properties that, in turn, have resulted in three franchise agreements with the new owners,” said Jon ...

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Red Lion Hotels Sells Hotel in Sacramento

SPOKANE, Wash.—Red Lion Hotels Corporation announced it has sold for $9.0 million the Red Lion Hotel Sacramento at Arden Village. This hotel was previously leased to the buyer. As part of the transaction, the franchise agreement at that location will ...

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Pebblebrook Hotel Trust Acquires W Los Angeles – Westwood

BETHESDA, Md.—Pebblebrook Hotel Trust (the “Company”) announced that it has acquired the W Los Angeles – Westwood hotel for $125 million. The 258-room, all-suite, luxury, full-service hotel is located in the Westwood neighborhood of Los Angeles, California. The property will ...

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