Park Hotels & Resorts to divest two US properties for $149m
Park Hotels & Resorts has reached a definitive contract to divest two of its properties in the US for $149.0m.
Deals
Soul Community Planet acquires Hilo Seaside Hotel in Hawaii
Soul Community Planet (SCP) has acquired Hilo Seaside Hotel, a 138-room property in Hilo, Hawaii...
Host Hotels & Resorts acquires Hyatt Regency Austin in Texas
US-based lodging real estate investment trust Host Hotels & Resorts has acquired absolute ownership of Hyatt Regency Austin in Texas.
Hilton Grand signs agreement to acquire Diamond Resorts for $1.4bn
Hilton Grand Vacations (HGV) has signed an agreement to acquire US-based Diamond Resorts International in a deal valued at approximately...
HAF buys Texas’ historic Tremont House Hotel
Hospitality Asset Funding (HAF) Group, a US-based provider of capital market solutions for hospitality industry, has acquired Galveston, Texas-based Tremont...
Indian hospitality start-up Oyo raises $7.4m in Series F1 funding round
Indian hospitality start-up chain Oyo Hotels & Homes has raised ₹540m ($7.4m) in a Series F1 funding round. The latest funding round was led by Hindustan Media Ventures, reported the…
Aevis Victoria acquires Hotel Schweizerhof in Zermatt, Switzerland
Switzerland-based Aevis Victoria has purchased Hotel Schweizerhof in Zermatt in a transaction valued at CHF63.2m ($71.15m). The deal price was entirely settled with the takeover of mortgage debt of CHF24.5m…
Xenia Hotels & Resorts divests two hotel properties
Xenia Hotels & Resorts has completed the divestment of two hotel properties as part of its efforts to strengthen its balance sheet. The sale included the 245-room Hotel Commonwealth in…
Wheelock Street Capital acquires Hotel Contessa in Texas
Private real estate investment firm Wheelock Street Capital has acquired Hotel Contessa, an independent hotel located in the city of San Antonio, Texas, the US. Situated at 306 West Market…
Apple Hospitality buys Hyatt hotels in Arizona, US
Apple Hospitality REIT has acquired the new 105-room Hyatt House and 154-room Hyatt Place hotels in Tempe, Arizona, US in a deal valued at about $64.6m. The properties consist of…
Accor to operate Ashar Resort under Banyan Tree brand
The Royal Commission for AlUla (RCU) in Saudi Arabia has signed a partnership agreement with Accor, as part of which the latter will operate an expanded Ashar Resort under the…
