Owner and Developer Intelligence News


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 …

BOSTON—Officials of CHMWarnick, the leading hotel asset management and owner advisory services company, and Pinnacle Advisory Group, a premier national hospitality consulting firm and women-owned …

CHICAGO—First Hospitality, a national hotel management, acquisition, development, and consulting company, announces the appointment of Jason Hutcheson to vice president of investments. Hutcheson brings over …

NORWALK, CT– HEI Hotels & Resorts, a leading hospitality investment and management company, announced today the creation of a C-suite of HEI veterans to facilitate …

NEW YORK–Highline Hospitality Partners (HHP), the hospitality investment platform launched by Highline Real Estate Partners (HREP), has added their third property with the acquisition of …

DALLAS–Ashford Hospitality Trust, Inc. (NYSE: AHT) (“Ashford Trust” or the “Company”) today reported financial results and performance measures for the fourth quarter and full year …

CHICAGO–Prime LaSalle/Madison Partners, LLC (“PLMP”), the owner of the 381-key Residence Inn Chicago Downtown/Loop located at 11 S. LaSalle has announced the closing of $141 …

CONSHOHOCKEN, PA—​Keystone Property Group​, a leading real estate developer and investor of mixed-use properties, today announced it has broken ground on the new Hotel West …

NEW YORK— The Roxborough Group, LLC, AWH Partners, LLC, and West Point Partners have acquired the Hilton Garden Inn Portland/Lake Oswego. This marks the first …

DENVER—Officials of Avistone, a rapidly growing commercial real estate investment firm specializing in the acquisition and operation of multi-tenant, industrial properties nationwide, today announced that …

Olympus Ventures, the family office of Richard M. Schulze, Founder and Chairman Emeritus of Best Buy and one of the world’s foremost entrepreneurs, has acquired …

ALISO VIEJO, CA–Pacifica Hotels, the largest owner and operator of independent, design-inspired hotels on the Pacific Coast is expanding further into the global brand category …

CHATTANOOGA, TN–Vision Hospitality Group announces its newest lifestyle hotel, Kinley Chattanooga Southside, is slated to open this spring and is now accepting reservations beginning April …

COLUMBUS, OH– Rockbridge’s hotel development company, RBHD, today announced the hiring of John Lapins as President. John will report to CEO, Jim Merkel. John has …

PITTSBURGH– HRI Properties and Marriott International’s Autograph Collection announced today the expected Spring 2021 opening of The Industrialist Hotel, Autograph Collection, a 124-room hotel located …

CHICAGO—First Hospitality, a hotel management, acquisition, development, and consulting company, announces the appointment of Jordan Bernstein to vice president of business development. Bernstein brings over …

IRVINE, CA–California-based Pacific Hospitality Group (PHG) today announced its expansion with the purchase of Hotel Granduca Austin in Austin, Texas. This is PHG’s third hotel …

SPARTANBURG, SC– OTO Development is growing once again with its fifth acquisition in just three years, the purchase of the Holiday Inn Resort Wilmington E-Wrightsville …

DALLAS–Driftwood Capital, a vertically integrated commercial real estate investment, development, and lending platform specializing in hospitality, announced today that it has acquired the Hilton Dallas …

AUSTIN, TX—Jonathan Stanner has been promoted to president/CEO of Summit Hotel Properties, as Dan Hansen transitions to the role of executive chairman of the board …

The iconic Mansion on Forsyth Park hotel in historic Savannah, GA is officially parting ways with it’s former Marriott Autograph moniker, and is excited to …

VALENCIA, CA– Thayer Ventures Acquisition Corporation (the “Company” or “TVAC”), a special purpose acquisition company, today announced the closing of its initial public offering of 17,250,000 …

BOISE, ID—Officials of The Cornerstone Collective today announced a record year of growth as it continues to expand further into the hospitality space.  2020 highlights …

Oxford Capital Group acquired five San Francisco Bay-area hotels from Greystone Hotels with plans to reposition many of the assets. Oxford Capital’s wholly owned affiliate, Chicago-based Oxford …