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- Red Roof Inn Acquisition Finalized
- The economy lodging brand will evaluate options for new headquarters COLUMBUS, Ohio -- Red Roof Inn, an innovative leader in the economy lodging segment, announced today that its acquisition by Citi's Global Special Situations Group and Westbridge Hospitality Fund, L.P. is complete. Now that the sale is finalized, Red...
- Research articles 2007-09-10
- Accor Announces the Sale of Red Roof Inns to Citi Global Special Situations Group and Westbridge for 1.32 Billion Dollars.
- PARIS, April 23 /PRNewswire/ -- Based on the strategic review undertaken in 2006, Accor today announced the sale of Red Roof Inns to a consortium comprised of Citi's Global Special Situations Group and Westbridge Hospitality Fund, L.P. for 1.32 billion dollars. ...
- Research articles 2007-04-23
Additional Resources
- New Website By Toronto HERE, www.westmontwatch.org, Warns Customers Of Westmont Hospitality Groups' Ongoing Labour Disputes.
- TORONTO, ONTARIO, AUG 13, 2001 Customers considering staying at one of the Westmont Hospitality Group Hotels now have a website dedicated to monitoring the Company for any labour disputes and to providing them with comparable alternative accommodations. The site, www.westmontwatch.org, has...
- Research articles 2001-08-13
- New Website by Toronto HERE, www.westmontwatch.org, Warns Customers of Westmont Hospitality Groups' Ongoing Labour Disputes
- Business Editors TORONTO--BUSINESS WIRE--Aug. 13, 2001 Customers considering staying at one of the Westmont Hospitality Group Hotels now have a website dedicated to monitoring the Company for any labour disputes and to providing them with comparable alternative accommodations. The site, www.westmontwatch.org, has been created by the Hotel...
- Research articles 2001-08-13
- Accor sells Red Roof Inns to US group, fund
- PARIS AFP — French hotelgroup Accor on Tuesday announced the sale of its US chain Red Roof Inns to the US Citi Global Special Situations Group and the Westbridge Hospitality Fund for 1.32 billion dollars. The transaction is part of "a strategic review of the group undertaken in 2006",...
- Research articles 2007-04-23
- Legacy Hotels Agrees to be Acquired by the Caisse de depot et placement du Quebec, Westmont and InnVest REIT.
- TORONTO, ONTARIO, Jul 12, 2007 CCNMatthews via COMTEX -- Legacy Hotels Real Estate Investment Trust ("Legacy" or the "Trust") (TSX:LGY.UN), Cadbridge Investors LP (a limited partnership formed by Cadim, a division of the Caisse de depot et placement du Quebec, and Westmont Hospitality Group, "Cadbridge")...
- Research articles 2007-07-12
- Hilton Announces Sale of Five Hotels in Canada
- BEVERLY HILLS, Calif. -- Hilton Hotels Corporation (NYSE:HLT) announced today that it has sold five hotel properties located throughout Canada to Westmont Hospitality Group for approximately CAD $243 million. Three of the hotels were sold to Northstar Hospitality Limited Partnership, a private Canadian limited partnership owned by Westmont Hospitality Group,...
- Research articles 2006-09-20
- Hilton Announces Sale of Five Hotels in Canada.
- BEVERLY HILLS, CALIFORNIA, Sep 20, 2006 CCNMatthews via COMTEX -- Hilton Hotels Corporation (NYSE:HLT) announced today that it has sold five hotel properties located throughout Canada to Westmont Hospitality Group for approximately CAD $243 million BEVERLY HILLS, CALIFORNIA, Sep 20, 2006 CCNMatthews via COMTEX -- ...
- Research articles 2006-09-20
- Hotel deal.(BARBADOS)
- FirstCaribbean International Bank has provided the senior debt component of a US$70 million funding package to an affiliate of Westmont Hospitality Group for the acquisition, renovation and expansion of the Fairmont Royal Pavilion Hotel, reports Caribbean Net News (May 1, 2008). Roger Best, Manager, Corporate Finance...
- Research articles 2008-06-01
- Milestone Hotel Investments and American Property Management Purchase 293-Room Oakland Airport Holiday Inn
- Business Editors & Hospitality Writers MINNEAPOLIS--BUSINESS WIRE--May 30, 2001 Milestone Hotel Investments, Inc. and American Property Management Corp. announced today that they have purchased the 293-room Oakland Airport Holiday Inn from Westmont Hospitality Group. Terms of the transaction were not disclosed. American Property Management will operate the...
- Research articles 2001-05-30
- Big portfolio deals continue.(deals & data)(Whitbread Hotel Co. acquired Premier Lodge)
- Between the high-profile gaming deals, the sale of Premier Lodge and the expected takeover of Queens Moat Houses by a consortium that includes Goldman Sachs Group, Whitehall Real Estate Fund and Westmont Hospitality Group, the big deal is back. The deal of the...
- Research articles 2004-09-01
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