Sentence examples for hotel acquisitions from inspiring English sources

Exact(6)

Mr. DePaul, who also heads the hotel acquisitions group for Berwind, played down the chances that his company might acquire another hotel in New York anytime soon.

Higher occupancy rates this year have made hotels a more attractive investment, and Wyndham follows several other recent hotel acquisitions by Blackstone.

It had considered going public before opting for Wanda's takeover offer.Blackstone, a private-equity firm, added Motel 6 to its lengthy list of hotel acquisitions, by offering $1.9 billion to buy the business from its present owner, France's Accor.

The articles about the Tata bid are believed to have surfaced because the group was required to register for permission from the Bank of India to move more than $100 million outside the country, in order to make planned -- but unnamed -- foreign hotel acquisitions, according to real estate executives with knowledge of the group.

Indeed, the study notes, "competition among lenders to finance hotel acquisitions has driven financial institutions to continue to ease lending standards, increase loan-to-value ratios, and decrease loan spreads despite the minor increases in interest rates in 2006".

According to New York-based Real Capital Analytics, buyers have been snapping up hotel properties at an ever-increasing rate (and an ever-decreasing cap rate): $9 billion in hotel acquisitions closed in the first quarter of 2006, versus $5 billion in the same period a year earlier, and $7 billion in the fourth quarter of 2005.

Similar(53)

This is not the Sahara group's first overseas hotel acquisition.

Hotel Acquisition, a joint venture of subsidiaries of Thayer Hotel Investors and the Shanghai Jin Jiang International Hotels Company, will pay $2.25 a share, a 79percentt premium over Interstate's close on Thursday.

NEW YORK Taking a break from its hotel-company acquisition binge, The Blackstone Group is buying CarrAmerica Realty for $44.75 per share, or some $5.6 billion.

Apollo was the front- runner as of FORBES GLOBAL's deadline — more evidence that the deals aren't coming as easily for Bollenbach as before, despite what has been the biggest period ever for hotel mergers and acquisitions.

Site work is well under way and the foundation work will begin this week for a 145-room SpringHill Suites by Marriott in Greenburgh, said Cynthia Potter, director of acquisitions, Newcastle Hotels of Shelton, Conn., whose company is one of the owners of the hotel.

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