Wyndham to Sell 25 Hotels for $366 Mil.
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Hotel operator Wyndham International Inc. (WBR.A: Quote, Profile, Research) on Friday said it agreed to sell 25 hotels for $366 million to a private investment fund managed by Goldman Sachs Group Inc.
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The Blackstone Group said on Tuesday it would buy Hilton Hotels Corp. for about $26 billion in cash.
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By The News & Observer, Raleigh, N.C.  Jun. 22--RALEIGH -- Shareholders of Winston Hotels voted to sell the Raleigh real estate investment trust to an Illinois company.
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The Blackstone Group  said on Tuesday it would buy Hilton Hotels Corp.  for about $26 billion in cash.
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Fannie Mae , the embattled U.S. home financing company, on Wednesday said it agreed to sell &#36;5 billion in preferred stock to institutional buyers as part of an effort to comply with regulatory demands to increase capital.
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The Blackstone Group announced that it would buy Hilton Hotels for $26 billion, or $47.50 a share, a 40 percent premium over its closing price on Monday.
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The gas and electric company Dominion Resources said that it would sell some of its operations in the United States for a combined $6.5 billion.
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The world's biggest hotelier  InterContinental Hotels Group Plc said on Friday it was selling  13 hotels in the Americas for $450 million as part of its  strategy of selling assets while still managing the hotels.
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For beach lovers, hotels.com earlier this week had rooms at the Catamaran Resort in San Diego for $149 a night over New Year&#39;s weekend.
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Hilton Group, the operator of Hilton hotels outside the United States, is selling about a dozen of its British hotels as it focuses on the country&#39;s main cities.
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Ocean liner has been sold to Dubai for Â£50m and is to be turned into floating luxury hotel.
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Whitbread announced in May that it was putting the UK's entire stock of 11 Courtyard by Marriott hotels up for sale.
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Blue Dart Express Ltd. said on Monday that the Indian promoters and Newfields Holdings Ltd. have decided to sell their shares, collectively constituting 68.
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The glitz and glamour of Las Vegas is being brought to north-west London with plans for a Â£335m hotel, gambling and leisure complex to be built next to the new Wembley stadium.
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For the past six years, the convention and tourism industry has warned that the new Washington Convention Center would not live up to its promise without a $750 million, 1,400-room hotel right next door.
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Hyatt Corp. disclosed plans Thursday to buy the 143-hotel AmeriSuites chain in an estimated $600 million-plus deal that analysts said makes the luxury hotel company more of a well-rounded rival to much bigger Marriott International Inc.
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U.S. private equity firm Blackstone  Group  said on Tuesday it would buy Hilton Hotels Corp.   for about $26 billion cash, the richest in a series of  recent private equity offers for hotel companies.