String Of Acquisitions
Joint Venture, Portfolio Deals Boost Recent Hotel Transaction Activity

While the hotel acquisition market has cooled a bit in recent months, there has been an uptick in activity within the past two weeks led by an international alliance that will bring 15 hotels to Wyndham’s Registry Collection. Wyndham Hotels & Resorts and Palladium Hotel Group, one of the largest Spanish hotel companies, announced a commercial alliance that will add more than 6,800 rooms to Wyndham’s Registry Collection. The 14 …

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Hotel Happenings

ATLANTA–AAHOA, the nation’s largest hotel owners association, commends Florida Attorney General Ashley Moody’s crackdown on vacation rental scams. Attorney General Moody tweeted that she was …

AUSTIN, TX–Historic and legendary Texas hotel, The Driskill, has announced today the addition of Nori Meisner to the hotel’s staff as historic tour guide and …

MARKHAM, ONTARIO—In the hotel industry, budgets are tight, and workers are scarce, yet guests still expect service excellence. Nowhere is this dynamic more apparent than …

Mail-related check fraud has been rising since last August, according to the Evidence-Based Cybersecurity Research Group at Georgia State University, which has been tracking the trend. It …

GWINNETT, GA–M3 announced today that The Globee® Awards, organizers of the world’s premier business awards programs and business ranking lists, has named M3 Labor a winner …

COLUMBUS, OH–Red Roof, the leader in economy lodging, has announced the opening of the 40-room HomeTowne Studios by Red Roof in Battle Creek, Michigan. The …

WASHINGTON–The American Hotel & Lodging Association (AHLA) today announced it has welcomed ClubCorp, now known as Invited, as a new member. ClubCorp is the largest …

COLUMBUS, OH–– Red Roof, the leader in economy lodging, announced the opening of the Red Roof Inn Weedsport, located at 9050 Route 34 in Weedsport, …

ALISO VIEJO, CA–Pacifica Hotels, the largest owner and operator of independent, design-inspired hotels on the Pacific Coast, announces the appointment of John Pedlow as Chief …

DENVER––Tom Luersen, president of CoralTree Hospitality, today announced that the company is expanding its portfolio with Tavistock Development Company after the successful launch of the …

BOSTON—The Hospitality Asset Managers Association (“HAMA”) today released the results of its Spring 2022 Industry Outlook Survey.  The semi-annual report collected the opinions, experiences and …

ATLANTA–IHG Hotels & Resorts, one of the world’s leading hotel companies, today announced the signings of two new voco hotels in Guadalajara and Saltillo, Mexico. …

NEWTON, MA–Sonesta International Hotels Corporation (Sonesta) is expanding its international portfolio and footprint in South America with the addition of Sonesta Hotel Cali, the brand’s …

GWINNETT, GA— M3, along with other hotel tech providers, has successfully helped launch HospitalityForPeace.org. Through the alliance of these hospitality and hospitality-related companies, the hotel industry …

DALLAS–CBRE Hotels Research has raised its forecast for 2022 average daily rate (ADR), Occupancy and Revenue per available room (RevPAR) to reflect the stronger-than-expected fundamental …

NEW YORK—A joint-venture between The LCP Group, L.P. (“LCP”), a vertically integrated, private real estate investment firm specializing in hospitality investing, and Safanad, a real …

DENVER–Mission Hill Hospitality, a KSL Capital Partners portfolio company focused on transforming select service and extended stay hotel investing, announced it has acquired the Killington …

BOISE, ID–Braintree Group, an Idaho-based family of companies focused on fostering smart and sustainable community advancement and growth, announced today that Eric Danziger has been …

PLANO, TX–Enseo, the premier technology services provider offering solutions in hospitality, senior living, and education, is starting strong in 2022, celebrating 134 patents over the …

NASHVILLE -Today, Hilton announced the signing of and has broken ground on the dual-branded Canopy by Hilton and Homewood Suites by Hilton Nashville Downtown The Gulch, …

RANCHO MIRAGE, CA–On the heels of a multi-million-dollar renovation, The Westin Mission Hills Golf Resort & Spa has officially changed their name to The Westin …

Mirror Image is pleased to announce that Stefan Lasek, has joined our team as Vice President of Sales. Stefan has over 18 years of experience …

NEWTON, MA–Sonesta Simply Suites and Sonesta Select, introduced and managed by Sonesta International Hotels Corporation (Sonesta), one of the fastest growing hotel companies in the …

PHOENIX–Best Western Hotels & Resorts announced today that it has appointed Mahmood (Mike) Merchant to its Board of Directors. Merchant brings more than 30 years of …

MINNEAPOLIS, MN—Park Inn by Radisson, the upper midscale hotel brand synonymous with stress-free experiences, good food, and upbeat environments, is proud to announce the opening …