Choice Hotels International (NYSE: CHH) today announced that it has reached a definitive agreement to acquire the brand and franchise business of WoodSpring SuitesSM from WoodSpring Hotels Holdings LLC, a portfolio company of Lindsay Goldberg, for approximately $231 million, subject to customary adjustments.
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Restaurant and Franchising Investor Adds Growing QSR Franchisor to Portfolio
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Signs Franchise Agreement to Bring Additional Locations to the Philadelphia Metropolitan Area
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Officials of The Dow Hotel Company (DHC) today announced the joint venture acquisition with an institutional investor of the 354-room Holiday Inn San Jose – Silicon Valley in California for an undisclosed amount.
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Located near Manila’s Ninoy Aquino International Airport (NAIA), the 191-room Hotel Okura Manila will be situated within Resorts World Manila, an integrated resort owned by TIHGI.
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RLJ Lodging Trust (NYSE: RLJ) last week announced that the Company has sold the 383-room Fairmont Copley Plaza in Boston, MA for $170.0 million or approximately $444,000 per key.
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Bowling Green Asset Management (BGAM) is announcing its second branded hotel acquisition of 2017, a luxury 103-room Holiday Inn, located close to Salisbury and Stonehenge, for £12.5 million, reflecting a net initial yield of 9.25%.
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Marking the first Curio Collection property in the country and Hilton’s first hotel in Playa del Carmen, the boutique hotel features 93 contemporary guest rooms, a rooftop infinity pool overlooking the Caribbean Sea and four dining outlets, including an authentic tequila bar with more than 100 different tequilas and mezcals.
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CHICAGO (December 15, 2017) – Hyatt Hotels Corporation (NYSE: H) today announced the opening of Hyatt Regency Moscow Petrovsky Park, Moscow’s first Hyatt Regency hotel and second Hyatt…
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CHICAGO (December 15, 2017) – Hyatt Hotels Corporation (NYSE:H) announced today the opening of Hyatt Centric La Rosière, the first Hyatt Centric hotel in France and the first Hyatt ski resort…
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