Extended Stay America Announces Deal for 15 Extended Stay America Premier Suites With Concord Hospitality & Whitman Peterson JV

Main Photo: The newly-opened Extended Stay America Premier Suites Augusta Date: October 2022 Name: Extended Stay America Premier Suites Locations: Major US cities to include: Denver, Colorado; Phoenix, Arizona; Las Vegas, Nevada; and Salt Lake City, Utah Number of Keys: TBA Brand Owner: Extended Stay America Development Partners: Concord Hospitality, a well-known hotel developer, owner…

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Four Seasons to Enter Yacht Market To Be Headed Up By Larry Pimentel

Main Photo: Four Seasons Yachts – image envisaged Date: October 2022 Name: Four Seasons Yacht – to be up and sailing by end 2025 Location: TBA Number of Keys: 95 suites Seller: Brand New Vessel Buyer: Marc-Henry Cruise Holdings LTD, owner and joint operator of Four Seasons Yacht Yet another hotel brand is entering the…

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Somera Capital Acquires Quorum Hotels & Resorts in USA

Main Photo: The Hilton DFW Lakes, one of the Quorum hotels Date: October 2022 Name: Somera Capital Management and Quorum Hotels & Resorts Location: Somera is California and Washington DC based…Quorum is Dallas based and currently operates properties in Texas, California, Arizona, South Carolina, Georgia and Kentucky, USA Number of Keys: Quorum currently have 11…

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Trinity Investments Acquires Hyatt Regency Greenwich

Main Photo: The Hyatt Regency…latest addition to Trinity RE’s Fund Date: October 2022 Name: Hyatt Regency Greenwich Location: Greenwich, Conneticut, USA Number of Keys: 373 Seller: TBA….The hotel was built up in the mid-1980s, on the grounds of the old Condé Nast campus. It has incorporated some elements of the old magazine-publishing complex, including the…

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Pandox to Sell InterContinental Montreal for CAN $80m

Main Photo: The InterContinental Montreal Date: September 2022 Name: The InterContinental Montreal Location: Saint Antoine Ouest, Montreal, Quebec, Canada Number of Keys: 337 Seller: Sweden’s Pandox, who acquired the hotel in 2007 for CAN$49m, from a JV of InterContinental Hotels Group and Cadim, a division of the Caisse de dépôt et placement du Québec Buyer:…

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Valor Hospitality Expands Portfolio With Two New Hotels – Cape Winelands, South Africa and Colorado, USA

Main Photo: The 5-Bed Manor House, Taaibosch Wines Estate Date: August 2022 Names: Taaibosch Wine Estate and The Mining Exchange Hotel, A Wyndham Grand Hotel & Spa Locations: Stellenbosch, Cape Winelands, South Africa and Colorado Springs, CO, USA Number of Keys: Three lodging offerings: One two-bedroom Garden Villa; One four-bedroom Farsight Villa and One newly…

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Left Lane Acquires 126-Key Mansion on Forsyth Park, Savannah, GA for US$52.5m

Main Photo: The Mansion on Forsyth Park, Kessler Collection, in Savannah, Georgia, was a residence and a funeral home before becoming a hotel in 2005 Date: August 2022 Name: The Mansion on Forsyth Park, Kessler Collection …was under Marriott’s Autograph Collection banner until January 2021 Location: Savannah, Georgia, USA Number of Keys: 126…to become 149…

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Noble Acquires 14-Asset Marriott, Hilton and Hyatt Hotel Portfolio

Main Photo: The Renaissance Raleigh North Hills, one of the hotels within the recent acquisition deal Date: August 2022 Names: TBA Locations: Across the USA Number of Keys: TBA Seller: TBA Buyer: Noble Investment Group, who since Qtr 2, 2021 have invested more than $1.5 billion across the United States in 40 hotels with approximately…

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Hamilton Hotel Partners Re-Brands to Hamilton-Pyramid Europe, In Europe

Date: August 2022 Location: US HQ, with London HQ for Europe What Did They Say: Hamilton Hotel Partners announced that it has officially re-branded as ‘Hamilton – Pyramid Europe’, reflecting it’s pivotal position amongst the Pyramid Global Hospitality group of brands. Who They: Pyramid Global Hospitality Main photo: The new logo for Hamilton Pyramid Europe Hamilton…

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Mandarin Oriental Sell Washington DC Hotel To Henderson Park For $139m

Main Photo: The Mandarin Oriental Washington DC with it’s fabulous view over the Southwest Waterfront Date: August 2022 Name: Mandarin Oriental Washington DC Location: Maryland Avenue SW, Washington DC, USA Number of Keys: 373 Seller: Mandarin Oriental, who opened the hotel in 2004 Buyer: London-based Henderson Park Mandarin Oriental is selling it’s Washington DC hotel…

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ARA H-Trust To Divest 4 Hyatt Place Hotels for US$32.5m

Main Photo: The Hyatt Place Pittsburgh Cranberry, Pennsylvania, one of the four hotels to be sold in the deal Date: July 2022 Names: Hyatt Place Pittsburgh Cranberry, Hyatt Place Birmingham Inverness, Hyatt Place Cincinnati Northeast and Hyatt Place Cleveland Independence Locations: Pennsylvania, Alabama and two in Ohio Number of Keys: TBA Seller: Singapore listed ARA…

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Pebblebrook Hotel Trust Completes Sale of The Marker San Francisco For $77m to Stockdale Capital Partners

Main Photo: The Marker Hotel, San Francisco Date: July 2022 Name: The Marker, originally built in 1910 as the Bellevue Hotel Location: Geary Street, San Francisco, California, USA Number of Keys: 208, including 42 suites Seller: Pebblebrook Hotel Trust Buyer: Stockdale Capital Partners, headed up by Steven and Shawn Yari Pebblebrook Hotel Trust announced that…

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Choice Hotels’ Cambria Hotels Brand Awards Ten New Franchise Agreements

Main Photo: The Cambria prototype design Photo Credit: Jeffrey Francisco/Unsplash Date: June 2022 Name: Cambria Hotels Locations: Tracy in California, Buckeye in Arizona, Palmdale in California, Sacramento in California, Seekonk in Massachusetts, Southaven in Mississippi, West Yarmouth in Massachusetts, Medford in Oregon, Portsmouth in New Hampshire and Sevierville in Tennessee…all in the USA Number of…

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