InterContinental Hotels Group (IHG®) has today announced the acquisition of Six Senses Hotels Resorts Spas, one of the worlds leading operators of luxury hotels, resorts and spas. The $300 million cash acquisition from Pegasus Capital Advisors includes all of Six Senses brands and operating companies and does not include any real estate assets.
Pebblebrook Hotel Trust (NYSE: PEB) yesterday announced that it has closed on the sale of the 343-room, Liaison Capitol Hill in Washington, D.C. for $111.0 million.
Hard Rock Hotel & Casino Sacramento at Fire Mountain held a topping off ceremony on Feb. 13, 2019, to celebrate reaching this major construction milestone in the project. The property is slated to be the premier entertainment destination in Northern California once it opens in fall of 2019.
Mandarin Oriental Hotel Group has announced an agreement to brand and manage 69 luxurious residences, located on Fifth Avenue New York, scheduled for completion in 2021.