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.
Deals
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Deals
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.
Sunstone to acquire The Confidante hotel in Miami Beach, US
The hotel will be repositioned as a beachfront resort under Hyatt's luxury lifestyle brand Andaz.
Pebblebrook to acquire Naples’ Inn on Fifth for $156m
Pebblebrook’s portfolio now includes a total of 54 properties, of which six hotels are in South Florida.
K2 Group buys Quality Inn & Suites hotel in Niagara Falls, Ontario
The deal marks the fourth hotel in K2's portfolio in Niagara region.
Ashford firm Remington Hotels acquires Chesapeake Hospitality
The deal will expand Remington’s geographic footprint and add many IHG Hotels & Resorts to its portfolio.
RADCO acquires The American Hotel from Legacy Ventures
Opened in 1962, the hotel has hosted meetings of influential leaders such as Martin Luther King Jr.