Topic - Hotel Portfolio Transaction

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Excel Group Acquires Three Hotel Portfolio in Virginia, New York and Rhode Island
January, 15 2019
Washington DC-based real estate investment firm Excel Group has announced its recent acquisition of three hotels - the 151-room Hyatt Place Dulles Herndon-East in Herndon, VA; the 161-room Hampton Inn Long Island Brookhaven in Farmingville, NY; and the 101-room Hampton Inn & Suites Providence-Smithfield in Smithfield, RI. continue reading →

IHG to Operate 12 Foncière Des Régions Hotels in the U.K.
May, 3 2018
InterContinental Hotels Group [LON:IHG, NYSE:IHG (ADRs)] has today announced plans to expand its luxury and upscale estate in the UK. IHG has entered into a conditional agreement with Foncière des Régions, to rebrand and operate 12 high quality open hotels (2.2k rooms) and one pipeline hotel (185 rooms) into its portfolio across the UK. continue reading →