Investment / February 6, 2015
Blackstone Rides the Hospitality Wave
The largest transaction is a 19-property portfolio of national select-service hotels acquired from OTO Development. Full Story
The largest transaction is a 19-property portfolio of national select-service hotels acquired from OTO Development. Full Story
The seller of the portfolio was Spartanburg, S.C. based OTO Development. Full Story
Summit purchased the Hyatt from OTO Development, LLC for $31 million in a deal that closed on Dec. 27, 2012. Full Story
Even during good financial times, hotels are considered to be risky ventures. Full Story