3 Transactions to Know

NATIONAL REPORT—Hotel Business is tracking transactions. Holliday Fenoglio Fowler L.P. (HFF), The LCP Group, Blue Vista Capital Management and Barceló Hotel Group have recently been involved in deals. Here are the details:

HFF Unveils the $48.65M Sale of Pullman Miami Airport hotel
HFF has unveiled the $48.65-million sale of the Pullman Miami Airport, a 281-room, full-service hotel located within the Blue Lagoon Office Park in Miami. The HFF team marketed the hotels on behalf of the seller. London + Regional (L+R), a London-based, privately owned real estate firm, purchased the asset unencumbered of the existing management agreement. The HFF investment advisory team representing the seller included Director Alexandra Lalos, Managing Director Tony Malk and Senior Managing Director/ head of HFF’s hotel group Daniel C. Peek.

The LCP Group and Blue Vista Capital Management Acquire Hilton Kansas City Airport
The LCP Group L.P. (LCP) and Blue Vista Capital Management jointly announced the acquisition of the Hilton Kansas City Airport in Kansas City, MO. The hotel recently underwent a comprehensive renovation that included guestrooms, public spaces and meeting rooms, as well as various mechanical and back-of-house upgrades.The property will be managed by HEI Hotels & Resorts, located in Norwalk, CT.

Barceló Hotel Group Acquires Barceló Palmeraie
Barceló Hotel Group has acquired the Barceló Palmeraie, a five-star resort in Marrakech, Morocco, with 252 rooms. The hotel group also bought two pieces of land: one next to the resort for 120 additional rooms and the other about two miles from the city center, where the Barceló Hotel Group plans to build a new five-star hotel with 160 rooms.