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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