Stonebridge acquires its first Las Vegas hotel
STONEBRIDGE COS. RECENTLY acquired the DoubleTree by Hilton Hotel Las Vegas Airport, marking the Denver-based companies entrée in the Las Vegas market. The company,...
NewcrestImage forms JV to acquire Best Western Plus in Arizona
DALLAS-BASED NEWCRESTIMAGE formed a joint venture with Dabu Hotels, and Countrywide Hospitality to acquire the 130-room Best Western Plus at Lake Powell in Page,...
NewcrestImage closes on LaQuinta LAX
NEWCRESTIMAGE RECENTLY FINALIZED its purchase of the LaQuinta Inn & Suites Los Angeles International Airport in Los Angeles, the final part of the company’s...
Best Western opens in Gallup, New Mexico
The Best Western Gallup West is now open in Gallup, New Mexico. It is owned by Murad Mohsin.
The 60-room hotel is near Veteran Memorial...
SureStay Hotel opens in Rockford, Illinois
The SureStay Hotel by Best Western Rockford East is now open in Rockford, Illinois. It is owned by Bankim Hirpara.
The 122-room hotel is near...
Hawkeye acquires Indigo hotel in Pittsburgh
HAWKEYE HOTELS RECENTLY acquired the Hotel Indigo Pittsburgh East Liberty in Pittsburgh. It is the company’s third hotel owned and operated in Pennsylvania.
The 135-room...
Banyan Group announces full subscription of $35 million BLEV fund
HOTEL INVESTMENT AND management company Banyan Group has announced that its $35 million Banyan Lodging Enhanced Value Fund has been fully subscribed. The final...
NewcrestImage acquires TownePlace Suites in Dallas area
NEWCRESTIMAGE RECENTLY ACQUIRED the TownePlace Suites by Marriott Dallas Las Colinas in Irving, Texas. It is the most recent acquisition for the Dallas-based investment...
Peachtree acquires Canopy hotel in Atlanta
ATLANTA-BASED PEACHTREE Hotel Group recently acquired the Canopy by Hilton Atlanta Midtown hotel in Atlanta. The company’s affiliate Peachtree Hospitality Management will operate the...
AmericInn by Wyndham launches State Fair Family contest
AMERICINN BY WYNDHAM has launched the State Fair Family contest with a $15,000 family payday, a statement said. The winning family will get a...