Paceline acquires full-service Delta Hotel Virginia Beach Bayfront Suites
The newly acquired all-suite property features 295 rooms and 12,000ft² of meeting space.
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Summit Hotel Properties closes purchase of 264-room Brickell Hotels
Robert Finvarb Companies will continue to hold 10% equity interest in Brickell Hotels.
Choice Hotels to buy Radisson Hotel Group Americas for nearly $675m
The deal is expected to close in the second half of this year.
LionGrove acquires Wyndham Grand resort in Puerto Rico
The resort will continue to be a part of Wyndham Hotels & Resorts and its current brand.
Mohr Capital buys DoubleTree by Hilton Austin hotel in Texas, US
The company is planning to invest $11m to upgrade the hotel.
Summit closes sale of Hilton Garden Inn San Francisco Airport North
The company acquired the 169-room hotel in October 2019 for approximately $58.0m.
Global travel tech company Sabre acquires Nuvola
Sabre will leverage Nuvola solutions to improve its hospitality retailing and merchandising strategy.
DiamondRock buys Kimpton-branded hotel in Fort Lauderdale, US
The company has invested approximately $367,700 per key to purchase the beach resort.