Sunset Management Company Acquires Winter Park Lodging Company and Steamboat Lodging Company

Gravity Haus Acquires The Ptarmigan Inn (Steamboat Springs)

September 15, 2022

Restaurants & Hospitality

Gravity Haus, a Colorado-based membership-focused hospitality operator, has acquired The Ptarmigan Inn in Steamboat Springs, Colorado, expanding its resort outposts and member offerings. The Ptarmigan leadership will remain in place and Gravity Haus plans property improvements and new member-facing amenities to support growth in the region.

VTrips Acquires Southern Vacation Rentals

April 26, 2022

Restaurants & Hospitality

VTrips, a fast-growing U.S. vacation rental management company, acquired Southern Vacation Rentals on April 1, 2022, adding 1,120 properties and 123 team members to its portfolio and bringing VTrips' total managed properties to more than 5,000. Southern Vacation Rentals' CEO Scott Seay will join VTrips as chief strategy officer as the companies integrate operations while retaining local brand presence.

Strategic Gaming Management Acquires Sunland Park Racetrack & Casino

October 15, 2025

Restaurants & Hospitality

Strategic Gaming Management, LLC (SGM) has completed the acquisition of Sunland Park Racetrack & Casino for $301 million. Immediately following closing, SGM sold the real property to Gaming and Leisure Properties, Inc. (GLPI) in a sale‑leaseback; the deal expands SGM's portfolio of regional gaming assets and adds a leading New Mexico racetrack and casino.

Windermere Lease Source Acquires Watson Management Co.

October 10, 2024

Real Estate

Spokane-based Windermere Lease Source Property Management has acquired the assets of longtime Spokane property manager Watson Management Co., adding roughly 550 rental properties and bringing Windermere's portfolio to about 1,100 doors. Watson's owners, Rawley and Helen Harrison, have retired and four Watson employees were retained; terms of the transaction were not disclosed.

Porter Vacation Rental Management Acquires Soar Vacation Rental Services

May 31, 2024

Restaurants & Hospitality

Porter Vacation Rental Management (Porter VRM) has acquired Soar Vacation Rental Services, expanding Porter's presence in the Galveston, Texas market and boosting its coastal rental portfolio. The deal, which closed at the end of May 2024, brings additional Galveston vacation rental inventory under Porter's luxury-focused, full-service management platform.

Sonesta International Hotels Corporation Acquires RLH Corporation

December 30, 2020

Restaurants & Hospitality

Sonesta International Hotels Corporation announced a definitive agreement to acquire RLH Corporation (NYSE: RLH), a franchisor with more than 900 hotels. The deal will expand Sonesta's scale and franchising capabilities, creating a combined company with roughly 1,200 hotels across multiple brands; the transaction is expected to close in the first half of 2021 and will be funded with cash-on-hand and/or capital contributions from Sonesta's shareholders.