Ashford to Buy Lakeway Resort on Lake Travis in Austin for $33.5 M
AUSTIN – Ashford Hospitality Trust has agreed to acquire the 168-room Lakeway Resort & Spa in Austin for a total consideration of $33.5 million or $199,000 per key....
Category : Hospitality
Moody National Buys Austin Hotel
AUSTIN – Moody National Cos., a Houston-based real estate firm, has purchased the Hilton Garden Inn Austin NW/Arboretum, a 138-key hotel located in Austin, Texas,...
Two Houston Hotels Part of $107 Million Purchase
PALM BEACH, Fla. – Chatham Lodging Trust a hotel real estate investment trust, has acquired four hotels, including two Marriott-related properties in Houston’s Inner Loop,...
Two Valencia Hotels Planned for College Station Mixed-Use Project
COLLEGE STATION – Midway Cos. has broken ground on a 60-acre mixed-use development with two hotels, office space, apartments, retail outlets and restaurants. The project,...
Hyatt Buys out Partner in Bastrop Resort for $143 Million
BASTROP, Texas – An affiliate of Hyatt Hotels Corp. has acquired its partners’ 92 percent interest in the 491-room Hyatt Regency Lost Pines Resort and...
Groundbreaking in Nov. for 1,000-Room Convention Hotel in Austin
AUSTIN – A groundbreaking will be held next week for The Fairmont Austin, a 1,066-room hotel adjacent to the Austin Convention Center. The hotel’s developer,...
325-Room Hyatt Galleria to Open in Fall 2015
CHICAGO — Hyatt Hotels Corp. has entered into a franchise agreement with Songy HighRoads, a commercial real estate development firm based in Atlanta, to develop Hyatt...
Hotel Under Construction in Hughes Landing in The Woodlands
THE WOODLANDS, Texas – The Woodlands Development Co. has begun construction on a 205-key Embassy Suites Hotel at Hughes Landing, a 66-acre mixed-use development in The Woodlands north...
Hampton Inn in Downtown Austin (Tallest Hampton in the World) Sells for $53 million
AUSTIN – Summit Hotel Properties paid $53 million to purchase the 16-story Hampton Inn & Suites in downtown Austin. The 209-room Hampton was developed in 2002...
Landry’s Planning 30-story Hotel Near Houston’s Galleria
HOUSTON – The Landry’s organization, which owns four Golden Nugget casino hotels and 500 restaurants, is planning a 30-story hotel and conference center adjacent to...