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Category: Acquisitions

Acquisitions

Transactions heat up

Seventeen properties change hands
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Acquisitions

MGM acquires operations of The Cosmopolitan for $1.625B

Resort generated $1.1 billion of net revenue in the 12 months ended March 31
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Acquisitions

Chatham Lodging Trust sells four hotels for $80M

Properties located in Massachusetts and Texas
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Acquisitions

Pebblebrook completes purchase of Inn at Fifth; more transactions

Deals for CGI, Dalata and Sonnenblick-Eichner
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Acquisitions

Watermark Lodging Trust to be sold for $3.8B

Brookfield acquires 25-hotel portfolio
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Acquisitions

Sabre acquires Nuvola

Deal enhances hotel retailing
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Acquisitions

VICI Properties completes $17.2B acquisition of MGM Growth Properties

Now owns 10 resorts on the Las Vegas Strip
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Acquisitions

Who’s buying and selling?

Recent transactions include the Wyndham Grand Orlando Resort Bonnet Creek for $121M
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Acquisitions

Hersha to sell seven hotels for $505M

Price comes out to $360,000 per key
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Acquisitions

HB on the Scene: Q+A with Wendy Blissett

A chat with Avison Young principal
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