Mergers & Acquisitions

MARRIOTT GROWS LUXURY PORTFOLIO IN INDONESIA: The Luxury Collection has announced the opening The Sira, a Luxury Collection Resort & Spa, Lombok in Indonesia. Located in the West Nusa Tenggara…

The W South Beach has changed hands. The Reuben Brothers have acquired the luxury hotel from Tricap and RFR for $400 million. The landmark deal helps the U.K.-based group, run…

DUSIT THANI BANGKOK REOPENS: Dusit Thani Bangkok, the flagship hotel of Thailand-based Dusit International, has reopened following a landmark transformation as part of the upcoming Dusit Central Park project opposite Lumpini…

This article was written by Lodging Magazine. Click here to read the original article BETHESDA, Maryland—District Hospitality Partners announced the acquisition of the Hilton Washington DC/Rockville Hotel and Executive Meeting…

This article was written by Lodging Magazine. Click here to read the original article TAMPA, Florida—Berkadia announced the sale of the Chase Suite Hotel, a 160-key extended-stay hotel on a…

DISTRICT HOSPITALITY ACQUIRES HILTON WASHINGTON DC: District Hospitality Partners has acquired the Hilton Washington DC/Rockville Hotel and Executive Meeting Center. The seller and purchase price details were not disclosed. The…

This article was written by Lodging Magazine. Click here to read the original article NEW DELHI and DALLAS—Oravel Stays, the parent company of the global travel technology company OYO, announced…

This article was written by Lodging Magazine. Click here to read the original article LOS ANGELES, California—JLL’s Hotels & Hospitality Group announced that it secured $153 million in senior financing…

The light is still on. There’s just a new owner at the switch. Blackstone has agreed to sell the economy hotel chain Motel 6 and sister brand Studio 6 to…

Peachtree Group has expanded its portfolio and added its sixth hotel this year with the acquisition of the AC Hotel by Marriott in Park City, Utah. The acquisition price and…