• Stoneridge Capital Makes 1st Hotel Acquisition

  PRESS RELEASE, March 18, 2010
  PHOENIX — Stoneridge Capital Partners, a Newport Beach, California-based real estate investment company, has acquired the 119-room Hotel Highland in Phoenix.  More

• Interstate Completes Merger With Joint Venture Between Thayer Lodging Group, Jin Jiang Hotels

  PRESS RELEASE, March 18, 2010
  Interstate Hotels & Resorts has announced the completion of the merger with Hotel Acquisition Company, LLC, a 50/50 joint venture between subsidiaries of Thayer Hotel Investors V-A LP, a private equity fund sponsored by Thayer Lodging Group, and Shanghai Jin Jiang International Hotels.  More

• Brilla Group Acquires Luxury Hotel Consultancy Richard J. Cotter & Associates

  PRESS RELEASE, March 17, 2010
  Brilla Group, a real estate private equity firm focused on acquiring exceptional luxury beachfront hotels and resorts in South Florida, the Caribbean and Mexico announced today the acquisition of Richard J Cotter & Associates LLC, a boutique hotel consulting group led by veteran hotel asset manager, Richard J. Cotter.  More

• Sandos Hotels Acquires Le Méridien Cancun Resort

  PRESS RELEASE, March 16, 2010
  Sandos Hotels & Resorts is increasing its portfolio with the acquisition of Le Méridien Cancun Resort & Spa, located in the heart of the Cancún hotel zone.  More

• NYU Podcast On Recession's Effects On Hotels

  PRESS RELEASE, March 11, 2010
  A 30-minute audio briefing about the recession's effects on the lodging industry has been developed by the faculty of the NYU Preston Robert Tisch Center for Hospitality, Tourism, and Sports Management.  More

• Interstate Stockholders Approve Merger

  PRESS RELEASE, March 11, 2010
  Interstate Hotels & Resorts announced that its stockholders approved the merger agreement by which Interstate will be acquired by Hotel Acquisition Company, LLC -- a 50/50 joint venture between subsidiaries of Thayer Hotel Investors V-A LP and Shanghai Jin Jiang International Hotels.  More

• Scandic Adds Four Hotels In Finland

  PRESS RELEASE, March 11, 2010
  Scandic has agreed to purchase Hotel Linnea, Hotel Rivoli and Hotel Salpaus from Next Hotels Finland Oy. The deal also covers a new hotel that will be built in conjunction with the Paasitorni Congress Centre in Helsinki.  More

• Supertel Hospitality Announces Non-Cash Asset Impairment Charge Of US$24m

  PRESS RELEASE, March 9, 2010
  Supertel Hospitality Inc., a REIT that owns 114 hotels in 23 states, announces that its 2009 results will be impacted by substantial non-cash impairment charges of approximately US$24.1 million.  More

• Christie + Co Secures Travelodge For Stansted Manor HOtel

  Mary Lenart, March 8, 2010
  PRESS RELEASE — Acting on behalf of Compass Hotels Limited, Christie + Co has negotiated a management lease to Travelodge on the Best Western Stansted Manor Hotel in Essex.  More

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