Uncategorized
-
Extended Stay America Acquisition Completed
The acquisition of Extended Stay America Inc. (ESA) and its paired-share REIT, ESH Hospitality Inc. (ESH), by funds managed by Blackstone Real Estate Partners and Starwood Capital Group has been completed for $20.50 per paired share in cash in a transaction…
-
True North Hotel Group Opens Its First AC Hotels by Marriott In Tuscaloosa
OVERLAND PARK, KS– True North Hotel Group has opened its first AC Hotels by Marriott, Marriott International’s design-driven lifestyle brand, in Tuscaloosa, Alabama’s revitalized downtown. The five-story hotel integrates elements of the AC Hotel brand’s contemporary, sophisticated design with inspired…
-
Remington Hotels Appoints Reader As SVP Of Operations
DALLAS– Remington Hotels announced today the appointment of Jason Reader as Senior Vice President of Operations. Reader will oversee the eastern half of the United States for the leading third-party management company and work closely with Chief Operating Officer, Stan…
-
NexGen Hotels Acquires Four Points by Sheraton In Cleveland, OH
CLEVELAND –– NexGen Hotels, a hotel development and management company based in Itasca, Illinois, today announced the acquisition of the Four Points by Sheraton Cleveland Airport. Catering to the needs of today’s everyday traveler, the recently renovated hotel offers approachable…
-
The Cloudveil, An Autograph Collection Hotel, Debuts In Jackson’s Town Square
JACKSON, WY–The Cloudveil, an Autograph Collection hotel, makes its debut today, May 26, in the heart of Jackson Hole. Rooted in the people and soul of the destination, The Cloudveil name gives both a nod to the Cloudveil Dome within…
-
Arriba Capital Closes $12,500,000 Hotel Loan In Sedona, AZ
SCOTTSDALE, AZ–Arriba Capital announces that it recently closed a $12,500,000 cash-out refinance for a 144-room, independent hotel located in Sedona, Arizona. The subject has undergone significant property-wide renovations in recent years and the new loan will allow the sponsorship to…