Tommy Bahama Miramonte Resort & Spa to Open Late 2023 in Indian Wells, California

Tommy Bahama is partnering with Lowe to execute and present the Tommy Bahama Miramonte Resort & Spa. CoralTree Hospitality, a wholly owned subsidiary of Lowe, will continue to manage the property, with Tommy Bahama's parent company, Oxford Industries, Inc. (NYSE: OXM), making a minority equity investment in the project.
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Holiday Inn & Suites Stockbridge in Atlanta Sold

Hodges Ward Elliott arranged the sale of the Holiday Inn Hotel & Suites Stockbridge Atlanta I-75, a 112-key, five-story hospitality asset located in Stockbridge, GA, part of the Atlanta metro market.
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Mexico's Palace Resorts Aquires Majority Stake in Baglioni Hotels & Resorts

Baglioni Hotels & Resorts, the leading Italian hotel company with presence in Rome, Florence, Milan, Venice, Sardinia, Apulia, London and Maldives, announced a strategic financial partnership with the Mexican company Palace Resorts. This structured initiative includes Palace Resorts becoming the majorirty shareholer of Cogeta Spa – holding company of Baglioni Hotels & Resorts – acquiring 75% of the company.
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