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Nov-08, 2013
Crowne Plaza Tulsa hotel faces foreclosure auction
Tulsa World
The Crowne Plaza Southern Hills has entered foreclosure and will be put up for auction. The 11-story, 286-room hotel at 7900 S. Lewis Ave., which remains in operation, has a tentative auction date of Dec. 10.
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Nov-07, 2013
Marriott Agrees to Buy Protea’s Hotel Brands
Bloomberg News
Marriott International Inc. agreed to buy the three brands and management business of Cape Town-based Protea Hospitality Holdings, a deal that would almost double the company’s rooms in Africa.
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Nov-06, 2013
Maryland buyer inks $26 million deal to purchase Renaissance Grand Hotel
St. Louis Business Journal
An affiliate of Haberhill LLC is in the process of acquiring the 917-room Renaissance St. Louis Grand Hotel from bondholders.
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Nov-07, 2013
Sale imminent for St. Louis Renaissance Suites Hotel
St. Louis Business Journal
Maritz Wolff & Co. is looking at buying the Renaissance St. Louis Suites Hotel and converting it to a Marriott Courtyard property.
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Nov-01, 2013
Hawaii’s BlackSand Capital, partners, purchase Ohana Waikiki West hotel
Pacific Business News
A partnership that includes Honolulu-based BlackSand Capital has acquired the Ohana Waikiki West for an undisclosed price in a leasehold purchase from the Queen Emma Land Co., and plans to upgrade the 659-room hotel into an upscale property.
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Nov-04, 2013
BlueMountain Makes Offer for Chatham Lodging Trust
The Wall Street Journal
BlueMountain Capital Management LLC offered to acquire Chatham Lodging Trust in a deal that values the company at roughly $565 million and also pushed it to seek higher offers.
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Oct-31, 2013
Downtown Nashville's Wells Fargo Plaza office building under contract
Nashville Business Journal
Another downtown office building may be on its way to being converted into high-end condos or a hotel. Although no future plans have been revealed, multiple sources say high-end condos or a hotel are under consideration. The buyers are involved with hotels in other parts of the world.
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Oct-25, 2013
D.C. Chartered Health headquarters sold to hotel developer
Washington Business Journal
A D.C.-based hospitality company is checking in at embattled D.C. businessman Jeffrey Thompson's former healthcare company headquarters.
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Oct-17, 2013
W South Beach hit with foreclosure over massive loan
South Florida Business Journal
The W South Beach, one of the signature condo-hotel projects developed during the recession, could have its unsold units seized in foreclosure.
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Oct-11, 2013
Westin hotel could go up near Nashville's Music City Center
The Tennessean
An out-of-town development group is pursuing plans to build a Westin hotel on roughly an acre across from the new Music City Center.