94 Room The Roger New York Hotel in New York Sold for $19.0 Million

Pebblebrook Hotel Trust (NYSE: PEB) announced that on June 10, 2021, it closed on the sale of its leasehold interest in the 194-room The Roger New York in New York, NY for $19.0 million to a third party. The Roger New York is subject to a ground lease with approximately 23 years remaining on its term.
Source: New feed

New InterContinental Hotel to Open 2023 in San Antonio

Scarlett Hotel Group (SHG) announced today that the company has purchased the former Wyndham San Antonio River Walk, located at 111 East Pecan Street in San Antonio, as part of a joint venture with Trailbreak Partners. The new owners have closed the property to begin implementing plans for a $50 million overhaul of the hotel which will be transformed to a luxury, full-service, four-star, 390-room InterContinental hotel in early 2023.
Source: New feed