Remington Lodging

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  • Ashford REIT Finds Ripe Pickings in Napa Valley

    Although it’s just mid-summer, Napa Valley is already ripe for investment. The area’s hospitality market is one of the strongest in the entire state, a fact that has become evident by the recent price paid for a facility by investor Ashford Hospitality Prime. The company announced the completion of an $85 million deal for the Bardessono Hotel and Spa in Yountville.

    San Francisco 13 July 2015 21:38
  • Ashford Trust to Buy Lakeway Resort for $33.5M

    The strong Austin economy and the sustained growth in the technological sector, mixed with increasing visitation, appeals more and more to investors. Recently, Dallas-based Ashford Hospitality Trust announced that it has signed an agreement to acquire Lakeway Resort & Spa for $33.5 million. The acquisition should close within the next 30 days, and Remington Lodging will take on the management responsibilities. The seller is the joint venture formed by Dow Hotel Co. and the Carlyle Group.

    Austin 20 January 2015 15:08

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