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Eagle Hospitality Trust to sell 15 hotels in stalking horse auction

Singapore-listed REIT Eagle Hospitality Trust is selling 15 of its 18 hotels in a stalking horse auction. The purchase price is $470 million but
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RLJ Lodging Trust Posts Strong Q4 Results

BETHESDA, MD—RLJ Lodging Trust has reported its results for the three months and year ended Dec. 31, 2019. The company saw both income and
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Blackstone/MGM JV to Acquire MGM Grand, Mandalay Bay for $4.6B

LAS VEGAS—MGM Growth Properties LLC (MGP) and Blackstone Real Estate Income Trust Inc. (BREIT) have entered into a definitive agreement to form a new
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Service Properties Trust Reveals Marriott Deal

NEWTON, MA—Service Properties Trust (SVC) has entered agreements with Marriott International Inc. that combine its three existing Marriott operating agreements, historically referred to as
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Host Hotels & Resorts CFO to Step Down

BETHESDA, MD—Host Hotels & Resorts’ EVP/CFO Michael D. Bluhm will step down at the end of this year to resume his career in investment
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Pebblebrook Sees Net Income, RevPAR Spike in Q2

BETHESDA, MD—Pebblebrook Hotel Trust has released its Q2 earnings, marking income and revenue increases throughout its portfolio. “We’ve spoken previously about the opportunity to
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RLJ Lodging Trust Reports Solid Q1 Performance

BETHESDA, MD—RLJ Lodging Trust is satisfied with its performance in Q1 2019. In order to achieve its top strategic priorities in 2019, the company
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Park Hotels & Resorts to Acquire Chesapeake Lodging Trust for $2.7B

TYSONS, VA—Park Hotels & Resorts Inc. and Chesapeake Lodging Trust have entered into a definitive merger agreement under which Park will acquire all the
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Pebblebrook Posts Positive Q1 Results

BETHESDA, MD—Pebblebrook Hotel Trust revealed solid operating results for the first quarter of this year, beating Wall Street estimates. “Same-property total RevPAR, adjusted EBITDAre
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Urban Commons Appoints New President, CFO

LOS ANGELES—Urban Commons, a Los Angeles-based real estate investment and development firm, appointed Salvatore G. Takoushian, a real estate investment banking veteran specializing in
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