Crawford Hoying Acquires Courtyard by Marriott Hamilton with Shaner Hotel Group

Evermore Partners and New Castle Hotels & Resorts Acquire Montana Marriott Portfolio

March 30, 2023

Real Estate

Denver-based Evermore Partners and Ridgefield-based New Castle Hotels & Resorts acquired the Montana Marriott Portfolio in downtown Missoula, Montana, comprising a 105-key AC Hotel by Marriott, a 175-key Residence Inn by Marriott, and The Mercantile (approx. 20,000 sq. ft. of retail). The co-sponsors said the acquisition expands their presence in the Rocky Mountain region and broadens New Castle's management platform to the West.

Peachtree Group Acquires AC Hotel by Marriott (Park City, UT)

September 19, 2024

Real Estate

Peachtree Group acquired the 100-room AC Hotel by Marriott in Park City, Utah — its sixth hotel purchase of the year as the firm expands its hospitality portfolio. The asset will be operated by Peachtree's hospitality management division as part of its growing hotel platform.

Avistone Acquires Courtyard Dulles Airport Herndon

June 15, 2022

Real Estate

Avistone, a San Diego-based real estate private equity and investment management firm, acquired the 187-room Courtyard Dulles Airport Herndon in Herndon, Virginia. The deal marks Avistone's first acquisition in Virginia as the firm continues to expand its branded-hotel portfolio; the company also named Youngbin Park vice president, lodging investments, and transitioned Charlie Muller to an advisory role.

Marriott International Acquires citizenM

July 23, 2025

Restaurants & Hospitality

Marriott International has completed its acquisition of the lifestyle hotel brand citizenM, adding citizenM's global portfolio of 37 open hotels (8,789 rooms) and its near-term pipeline to Marriott's select-service offerings. Marriott will integrate citizenM into its systems and loyalty program to accelerate the brand's global expansion and broaden lodging choices for Marriott Bonvoy members.

MCR Acquires Hyatt Regency O'Hare Chicago

December 11, 2024

Restaurants & Hospitality

MCR has acquired the 11-story, 1,095-room Hyatt Regency O’Hare Chicago in Rosemont, Illinois, marking MCR’s first Hyatt Regency-branded hotel and its fifth property in Illinois. The hotel, located adjacent to the Donald E. Stephens Convention Center and five minutes from O'Hare International Airport, features extensive meeting space and recent guestroom renovations.

Mohari Hospitality Acquires Tao Group Hospitality

May 3, 2023

Restaurants & Hospitality

Mohari Hospitality has completed the acquisition of Tao Group Hospitality, purchasing the company from Sphere Entertainment Co. and other limited partners. The deal brings Tao's global portfolio of restaurants, nightclubs and entertainment venues into Mohari's luxury hospitality platform and is supported by debt financing led by Monarch Alternative Capital.