Hotel Trio Healdsburg, a boutique hotel in Sonoma County, California, has been sold for $38 million, marking a notable transaction in the hospitality sector.

Cleveland-based United Concessions Group (UCG) announced the acquisition of four airport dining concepts – Shake Shack, Petit Gourmet, Cantina Taqueria & Tequila Bar, and 800° Woodfired Kitchen – from previous operator MERA at Cleveland Hopkins International Airport. The deal expands...

Orlando-based Northshore Development has acquired the Hilton Baton Rouge Capitol Center, a 291‑room historic hotel in downtown Baton Rouge, for $40.5 million. The transaction was facilitated by Marcus & Millichap, which exclusively represented the buyer. The acquisition positions Northshore to reposition...

Kemmons Wilson Hospitality Partners (KWHP) and Ascendant Capital Partners, through their joint venture KW Kingfisher LLC, completed the acquisition of Sotherly Hotels Inc., purchasing all outstanding shares at $2.25 per share in cash. The deal, approved by Sotherly shareholders on...