Ashford Hospitality to buy 21 hotels
239768
Ashford Hospitality Trust Inc. (AHT.N: Quote, Profile, Research) , a real-estate investment trust, on Monday said it agreed to buy 21 hotels, comprising 4,094 rooms, for $250 million, including assumed debt.
433656
Hyatt Corp., the Chicago-based hotelier owned by the infighting Pritzker family, agreed to buy the AmeriSuites chain of 143 hotels to tap rising demand from corporate travelers for upscale self-service rooms.
521357
Prime Hospitality, a Fairfield company that operates AmeriSuites, Wellesley Inns and Suites and Prime Hotels, said yesterday it has agreed to be acquired by the Blackstone Group, a private equity group, for $590 million, plus assumed debt.
377159
Landry's Restaurants Inc., whose operations include Rainforest Cafe and The Crab House, is buying the Golden Nugget hotel casino in downtown Las Vegas, a first step in a strategy to get a slice of the lucrative gambling business and expand its profit pipeline. Landry's shares surged more than 12 percent on the news.
406308
LONDON (CBS.MW) -- Hyatt Corp. said it will buy the 143-unit AmeriSuites hotel chain from The Blackstone Group for an undisclosed sum and will consolidate all of the Pritzker family&#39;s hospitality holdings into one company called Global Hyatt.
247242
LONDON (CBS.MW) -- Whitbread (UK:WTB) , the FTSE 100 stock and UK pubs and hotels owner, said same-store sales rose 3.1 percent in the 24 weeks to Aug. 19, with comparable sales growth at Travel Inn and Marriott hotels leading the percentage gainers.
350810
A Spanish hotel conglomerate has made a bid to buy Springfield, Mo.-based John Q. Hammons Hotels Inc.
620868
The Hyatt hotels company is buying the AmeriSuites chain from its current owner, The Blackstone Group. The companies haven&#39;t disclosed the purchase price, but published reports say Hyatt is likely to pay more than $600 million.
675206
Wyndham International Inc. on Thursday said it agreed to sell six Summerfield Suites hotels and a stake in the Summerfield brand to a unit of Lehman Brothers Holdings Inc.
414564
Hyatt broadened its high-end hotel brand Thursday by purchasing the 143-hotel AmeriSuites chain for $600 million. The acquisition from private equity investor Blackstone Group increases Hyatt&#39;s existing 90,000
680241
Whitbread announced in May that it was putting the UK's entire stock of 11 Courtyard by Marriott hotels up for sale.
478628
LAS VEGAS -- Station Casinos Inc.'s board of directors has accepted a revised buyout offer from its founding family and a unit of the real estate firm Colony Capital LLC for about $5.5 billion, people familiar with the matter said yesterday.
437619
Hilton Hotels Corp.  has signed  deals with three real-estate groups to develop more than 55  properties in Russia, Britain and parts of Central America, the  Wall Street Journal reported on Sunday.
600101
Hotel operator Wyndham International  Inc. WBR.A has sold six hotels and partial ownership of its  Summerfield Suites by Wyndham chain to Lehman Brothers Real  Estate Partners, the companies said on Thursday.
114173
US private equity group Blackstone is buying the Hilton Hotels chain for $26bn (Â£13bn) in an all-cash deal.
624688
Station Casinos Inc., which owns 12 casinos in the Las Vegas area, agreed yesterday to a sweetened $5.4 billion takeover bid from the founderâs family and a buyout firm.
377873
Hilton Hotels Corp.  said on Wednesday it expects recurring earnings per share to increase 16 percent to 22 percent annually through 2009 as it adds about 120,000 rooms globally over the next three years.