Food & Beverage
Jan. 20, 2019
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Deals & Partnerships
Advent International To Acquire Majority Stake In Leading Third-party Hotel Operator Aimbridge Hospitality
BOSTON--Advent International, one of the largest and most experienced global private equity investors, today announced that it has signed a definitive ...
Sandpiper, LLC Announces The Formation Of Sandpiper Lodging Trust
RICHMOND, VA--Sandpiper, LLC, a premier developer and operator of extended stay hotels, is pleased to announce that it has completed the ...
Extended Stay America Announces Completed Disposition Of 32 Hotels
CHARLOTTE–—Extended Stay America, Inc. and ESH Hospitality, Inc. (NASDAQ:STAY) (together, the “Company”) today announced the completed sales of 2 portfolios totaling ...
Best Western Hotels & Resorts Introduces Sadie Hotel And Aiden Hotel
PHOENIX—Best Western® Hotels & Resorts today marked an industry first, introducing a pair of boutique brands – Sadie HotelSM and Aiden ...
Choice Hotels Launches Clarion Pointe
ROCKVILLE, MD–-Choice Hotels International, Inc. (NYSE: CHH) today unveiled Clarion Pointe, a midscale select-service brand extension of Clarion that brings together ...
Azul Hospitality Group And Pinnacle Hotels USA Forge A Relationship
SAN DIEGO——Azul Hospitality Group (Azul) and Pinnacle Hotels USA (Pinnacle) announced today they have entered into an agreement for Azul to ...
Hotel Equities Joins Forces With Virtua Partners
ATLANTA--Hotel Equities (HE), the hospitality industry’s premier hotel management and development company, announced today that it has created a strategic alliance ...
Red Roof Launches Extended Stay Brand To Accommodate Growing Demand
COLUMBUS, OH––Convenient, cost-effective and comfortable: the basic essentials of extended stay accommodations, a hospitality sector that has grown immensely in the ...
Cobblestone Hotels, LLC Acquires Key West Hotels & Centerstone Hotels
NEENAH, WI–-Cobblestone Hotels, LLC announced the acquisition of the Key West Inns, Hotels, & Resorts and Centerstone Hotels that took place ...
Embassy Suites By Hilton Tyson's Corner Completes Comprehensive Renovation
TYSON’S CORNER, VA—-Embassy Suites by Hilton Tysons Corner, a global brand of upscale, all-suite hotels from Hilton (NYSE: HLT), completes a ...
RockStar Hotels Prevails Over Hard Rock Hotels In Name Use Court Battle
SAN FRANCISCO--The United States District Court for the Southern District of Florida has issued a judgement in favor of RockStar Hotels ...
LaSalle Hotel Properties To Be Acquired By Blackstone For $33.50 Per Share In $4.8 Billion Transaction
BETHESDA, MD--LaSalle Hotel Properties (NYSE:LHO) (“LaSalle” or the “Company”) today announced that it has entered into a definitive agreement with affiliates ...