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Holliday Fenoglio Fowler provides $503m refinancing for three hotels in US
Holliday Fenoglio Fowler has provided a $503m refinancing for three hotels totaling 1,049 rooms in US - at New York, Miami and Washington, D.C.
Hyatt Hotels affiliate signs agreement for Hyatt Regency hotel in Budapest
Hyatt Hotels affiliate has signed a management agreement with Városház Utca Projekt Ingatlanforgalmazó Kft for Hyatt Regency hotel in Budapest, Hungary.
Piramal Capital & Housing Finance to invest in hospitality group Samhi
Piramal Capital & Housing Finance Limited (PCHFL), a completely owned subsidiary of India-based Piramal Enterprises, has announced investment of Rs6.5bn ($74.6m) in the Gurgoan based Samhi Group, which owns 29 hotels.
Golden Entertainment to acquire two casino resorts in US
Golden Entertainment has signed an agreement with Marnell Gaming to buy the Edgewater Hotel & Casino Resort and the Colorado Belle Hotel & Casino Resort in Laughlin, Nevada, US.
GVK in talks to sell around 50% stake in TAJGVK Hotels and Resorts
GVK Group is in talks with Fairfax Holdings to sell its around 50% stake in TAJGVK Hotels and Resorts, a luxury hotel chain business.
Katara Holding acquires New York’s landmark Plaza Hotel for $600m
Qatar government-owned fund Katara Holding has acquired 100% of Plaza Hotel, a New York hotel in which Sahara India owned majority stake, for about $600m.
Host Hotels & Resorts explores divestment of non-core hotels
Host Hotels & Resorts, a Bethesda, Maryland-based real estate investment trust, is exploring divestment of a large portfolio of non-core hotels.
HVMG to manage Sheraton Suites Plantation hotel in Florida
Hospitality Ventures Management Group (HVMG), a US-based, private hotel investment, ownership and management firm, has assumed the complete management of the 263-suite Sheraton Suites Plantation hotel in Fort Lauderdale, Florida.
Ashford Hospitality Prime to buy Ritz-Carlton Sarasota in Florida
Ashford Hospitality Prime has signed a definitive agreement to buy Ritz-Carlton Sarasota in Sarasota, Florida for $171m.