AC Hotel Miami Aventura and Aloft Miami Aventura Hotels Sold

Peachtree Hotel Group announced the acquisitions of the 207-key AC Hotel Miami Aventura and the 233-key Aloft Miami Aventura, in Aventura, Fla., which is part of the Miami metropolitan area. Peachtree Hospitality Management, a division of Peachtree, will operate the properties.
Source: New feed

Rosewood Riyadh Hotel To Open In 2025

Situated adjacent to the UNESCO World Heritage Site of At-Turaif, Rosewood Riyadh will be located within Diriyah Gate, a progressive mixed-use development project poised to become the country's leading cultural and lifestyle destination.
Source: New feed

Waterstone Resort & Marina Boca Raton Sold

Newbond Holding announced the acquisition of the Waterstone Resort & Marina Boca Raton. This transaction marks Newbond's second Florida hotel investment following the firm's official launch earlier in the year.
Source: New feed

Jack in the Box Acquires Del Taco for $575 Million

Jack in the Box Inc. (NASDAQ: JACK) and Del Taco Restaurants, Inc. (NASDAQ: TACO today announced that the companies have entered into a definitive agreement pursuant to which Jack in the Box will acquire Del Taco for $12.51 per share in cash in a transaction valued at approximately $575 million, including existing debt.
Source: New feed