Navika buys 253-room Andaz Wall Street Hotel in New York
Around $5m is expected to be invested to further reimagine the hotel.
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Sixth Street purchases Le Palme property in Italy
Le Palme marks Sixth Street’s first hotel and resort acquisition in the country.
RLJ purchases 170-room Moxy Denver Cherry Creek hotel
The company completed acquisition of three hotels in high growth markets for around $200m last year.
DiamondRock buys two luxury coastal Florida resorts for $175.5m
DiamondRock owns 33 hotels and resorts with more than 9,400 rooms.
Reliance subsidiary to buy 73.37% of New York’s Mandarin Oriental hotel
RIIHL offers to acquire the remaining 26.63% stake in Mandarin Oriental based on the same valuation.
Noble Investment Group buys two hotels in Georgia, US
The two hotels are located close to numerous tourist destinations.
IHCL acquires complete stake in ELEL Hotels & Investments
IHCL acquired the remaining 14.28% stake in ELEL Hotels and Investment.
Apple Hospitality acquires three hotels in $126m deal
Following the off-market transactions, Apple Hospitality has 219 hotels in its portfolio.