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Sonesta Completes Acquisition Of Red Lion Hotels
NEWTON, MA–Sonesta International Hotels Corporation (Sonesta) today announced the completion of its previously announced acquisition of RLH Corporation (NYSE: RLH). As a result, Sonesta is now one of the largest hotel companies globally with approximately 1,200 locations, more than 100,000…
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iVvy And ALHI Partner To Make Platform Available To Luxury Hotels Around The World
NEW YORK– iVvy, a disruptor in online meeting technology, is partnering with Associated Luxury Hotels International (ALHI) to help its elite member hotels capture more business and streamline event operations. As hotels prepare for the return of meetings and event…
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Downtown Phoenix’s Newest Hotel Debuts Despite The Pandemic
PHOENIX— The newest hotel in downtown Phoenix features exceptional views and high-end features — and is now open for business despite the impact of the pandemic. The AC Marriott Downtown Phoenix provides a compelling new option for travelers and expects…
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Royal Hotel Investments Breaks Ground On Home2 Suites In Covington, GA
Royal Hotel Investments (RHI) has broken ground for a Home2 Suites by Hilton in Covington, Georgia, which is located 35 miles east of Atlanta. “This hotel emphasizes our company’s long-term commitment to the community,” said Navin Shah, Chairman of RHI. …
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Extended Stay America To Be Acquired
Extended Stay America Inc. (ESA) and its paired-share REIT, ESH Hospitality Inc. (ESH), have signed a definitive agreement to be acquired by a 50/50 joint venture between funds managed by Blackstone Real Estate Partners and Starwood Capital Group for $19.50…
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Industry Veteran DeBoer Passes Away At 90
Jack P. DeBoer, who designed and built the first Residence Inn in 1975, has passed away. He was 90. With the founding of Residence Inn, followed by Summerfield Suites and Candlewood Suites, he is recognized as the pioneer of the…