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Hilton Property Spinoff to Create Park Hotels & Resorts REIT

2016-06-02 20:42:00| National Real Estate Investor

Dalia Fahmy Hilton Worldwide Holdings Inc. said the planned spinoff of its real estate will create a company, to be called Park Hotels & Resorts. read more

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Blackstone Said Planning $1.1 Billion European Hotels Sale

2016-05-27 15:55:00| National Real Estate Investor

Dalia Fahmy and Neil Callanan Blackstone Group plans to sell hotels in London, Dublin and Amsterdam for about 980 million euros ($1.1 billion). The hotels are all operated under Hilton Worldwide Holdings Inc.s DoubleTree brand. read more

Tags: sale planning hotels european

 
 

Developers Are Turning Rust Belt Hulks into Luxury Hotels

2016-04-25 17:00:00| National Real Estate Investor

Patrick Clark The idea is to grab hold of two dovetailing trends: consumers shying away from branded offerings and investors putting money into smaller U.S. cities. read more

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Ashford Trust to Sell Five Hotels

2016-04-19 04:33:13| Jewelry - Topix.net

Ashford Hospitality Trust, Inc. has entered into a definitive agreement to sell a five-hotel, 1,396-room portfolio of select-service hotels for $142 million in cash to Noble Investment Group. The portfolio is comprised of the 146-room Courtyard Edison in Edison, NJ; the 150-room Residence Inn Buckhead in Atlanta; and the 312-room Courtyard Lake Buena Vista, 388-room Fairfield Inn Lake Buena Vista and 400-room Springhill Suites Lake Buena Vista in Orlando, FL.

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7 grand hotels with deep railroad roots

2016-04-07 16:45:04| Railroads - Topix.net

The Grand Hotel on Michigan's Mackinac Island opened in 1887. It was the result of a partnership between two railroads and a steamship navigation company.

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