Generates a 35% IRR and a 3.7X equity multiple on its 2012 investment.
Source: New feed
MCR Sells the Hampton Inn & Suites St. Augustine-Vilano Beach
January 3, 2019
Best Western Hotels & Resorts Assumes Day-to-Day Management of the Brand in Mexico
January 3, 2019
Best Western branded properties in Mexico will now operate in a PDR with Best Western Hotels & Resorts' South American division, bringing direct support to the 100 Best Western branded properties across Mexico, South America and Central America.
Source: New feed
Hyatt Centric Brand Expands in India with Opening of Hyatt Centric Candolim Goa
January 3, 2019
CHICAGO (January 3, 2019) –– Hyatt Hotels Corporation (NYSE: H) today announced the rebranding of Hyatt Place Goa/Candolim to Hyatt Centric Candolim Goa, marking the brand’s second hotel in…
Source: New feed
Huff, Niehaus Closes Two Hotel Transactions on December 18
January 2, 2019
The December 18 closings include a fantastic Louisville International Airport Hotel near multiple demand generators and an owner/operator Hotel located in Indiana. Both hotels were exclusively listed by Huff, Niehaus & Associates, Inc.
Source: New feed
Middleby Acquires EVO America
January 2, 2019
The Middleby Corporation (NASDAQ:MIDD) today announced the acquisition of EVO America, Inc., a leading design and manufacturer of ventless cooking equipment for the commercial foodservice industry.
Source: New feed
FCPT Announces Acquisition of a Buffalo Wild Wings Restaurant Property for $2.5 Million
January 2, 2019
The property is located in Virginia and is occupied under a double-net lease with approximately nine years of term remaining. The transaction was priced at a 6.65% going-in cash cap rate, exclusive of transaction costs.
Source: New feed
Hyatt Regency Hangzhou Transitions to a Grand Hyatt Hotel
December 28, 2018
CHICAGO (DECEMBER 18, 2018) – Hyatt Hotels Corporation (NYSE: H) announced today the opening of Grand Hyatt Hangzhou, formerly Hyatt Regency Hangzhou, marking the first Grand Hyatt hotel in…
Source: New feed
Embassy Row Hotel in Washington Joins Latitudes Collection
December 27, 2018
Named one of the Top 10 Best New Hotels in America on USA Today's 10Best list, The Embassy Row Hotel is located at the popular Dupont Circle, just 75 steps from the Dupont Circle Metro Station.
Source: New feed
Ravn Air Group Announces the Acquisition of the Assets of Peninsula Airways
December 27, 2018
Headquartered in Anchorage, Alaska, PenAir is a regional Part 121 airline operating passenger, freight, and charter flights to seven destinations in Southwest Alaska and the Aleutian and Pribilof Islands. JFLCO and Ravn were the prevailing bidders in a Section 363 bankruptcy auction for the assets of the company.
Source: New feed
Hyatt Place Beijing Daxing Celebrates Official Opening
December 24, 2018
CHICAGO (December 24, 2018) – Hyatt Place Beijing Daxing, the first Hyatt Place hotel in Beijing, the capital city of China, officially opened today. The hotel features the Hyatt Place brand’s…
Source: New feed