Mergers/Acquisitions

Caesars, VICI Properties Announce Sale of Harrah’s Reno to CAI Investments

Harrah’s Reno to sell for $50M.

Xenia Hotels & Resorts Acquires Hyatt Regency Portland

Opening its doors to guests on December 2019, the 14-story upscale hotel features 600 rooms, 39,000 square feet of meeting space, three food and beverage outlets, a Regency Club, and a Hyatt StayFit Gym.

Littlejohn Capital Announces Sale of Hospitality Staffing Solutions

Kellermeyer Bergensons Services purchases HSS, a provider of supplemental staffing services such as housekeeping, food service, laundry and groundskeeping to resorts, hotels and casinos and more.

Xenia Hotels & Resorts Sells Marriott Griffin Gate Resort & Spa

Xenia has completed the sale of the 409-room Marriott Griffin Gate Resort & Spa in Lexington, Kentucky for $51.5 million.

Davidson Hotels & Resorts Adds King Charles Inn to Portfolio

Lifestyle and luxury vertical Pivot Hotels & Resorts is selected by High Street Real Estate Partners and WHI Real Estate Partners to operate boutique Charleston gem.

International Cruise & Excursions Gallery to Acquire WMPH Vacations

With the acquisition of WMPH, ICE reaffirms its strategic commitment to the cruise industry and expands its capabilities to deliver cruise value and services to its business partners and consumers.

Ryman Hospitality Properties to Acquire Block 21

Ryman Hospitality Properties has reached an agreement with Stratus Properties Inc. to acquire the mixed-use entertainment, lodging, office and retail complex located in the heart of downtown Austin, Texas, for $275 million.

Kabani Hotel Team of Marcus & Millichap Sells CoCo Key Hotel and Water Resort

CoCo Key Hotel and Water Resort is two miles from the Orange County Convention Center and three miles from the Universal Orlando Resort.

Caesars Entertainment Completes Sale of the Rio to Dreamscape

The Rio will continue to be part of the Caesars Rewards network during the lease term, and the transaction is not expected to result in any changes to the guest experience.

Century Casinos to Acquire Two Eldorado Properties

Century Casinos, Inc. receives approval from Missouri Gaming Commission for the acquisition of Isle Casino Cape Girardeau and Lady Luck Caruthersville.

American Hotel Income Properties to Acquire 12 Premium Branded Hotels

AHIP also confirms the completion of the previously announced profitable sale of the Economy Lodging portfolio for gross proceeds of $215.5 million.

Eldorado Resorts and Caesars Entertainment Closer to $17.3B Merger

Stockholders have approved certain actions in connections with Eldorado’s acquisition of Caesars, with the transaction expected to be consummated in first half of 2020.

PayFacto Announces Intent to Acquire Posera

PayFacto and Posera announce that they have entered into an Arrangement Agreement pursuant to which PayFacto will acquire all of Posera's issued and outstanding common shares

Anantara Vacation Club Announces Exchange Agreement with RCI

From January 2020, all Anantara Vacation Club Elite Owners will be able to exchange their Club Points to have the benefits of both nightly and weekly stays within RCI’s network of more than 4,300 affiliated resorts.