Certares
Certares and TMGOC Ventures Acquire The Ray Hotel, Curio Collection by Hilton, in Delray Beach, FL
Certares | September 16, 2024
141-room lifestyle hotel is well-situated in growing market with strong lodging demand DELRAY BEACH, Fla., Sept. 16, 2024 -- A joint venture between Certares, a leading global investment firm focused exclusively on the travel and hospitality industries, and TMGOC Ventures, a real estate investment firm based in Boca Raton, FL and Charleston, SC, today announced that it has acquired The Ray Hotel, an acclaimed 141-room hotel in Delray Beach, FL. The Ray, which opened in September of 2021, is an urban retreat located in the heart of Delray Beach's vibrant restaurant, arts, and cultural scene. The hotel's three full-service dining out...
Certares Acquires the 390-Room Hilton Boston Back Bay for $171 Million
Certares | April 10, 2024
Property acquired in joint venture with Belcourt Capital Partners BOSTON, April 10, 2024 -- Certares, a leading global investment firm focused exclusively on the travel and hospitality industries, today announced its twelfth hotel acquisition. The firm purchased the 390-room Hilton Boston Back Bay, inclusive of a 209-space parking garage, for $171 million. This acquisition was made in partnership with Belcourt Capital Partners ("Belcourt"). Together, Certares and Belcourt have plans to modernize the hotel's facilities through a comprehensive capital expenditure program to enhance the overall guest experience. Located in the heart of ...
HRI Hospitality & Certares Acquire DoubleTree Suites by Hilton Hotel Doheny Beach and Hilton San Antonio Hill Country
Certares | May 19, 2022
NEW ORLEANS, LA. (May 19, 2022): Affiliates of Certares Real Estate Management LLC (Certares) and HRI Hospitality, LLC (HRIH) will add two properties to their portfolio: the DoubleTree Suites by Hilton Hotel Doheny Beach in Dana Point, California, and the Hilton San Antonio Hill Country in San Antonio, Texas. Located in the charming city of Dana Point, California, the DoubleTree Suites by Hilton Hotel Doheny Beach is steps from beautiful beaches and Doheny Beach State Park for a relaxing coastal getaway. The 196-room property offers luxurious all-suite accommodations, an outdoor pool, a 24-hour fitness center, 13,643 square feet of ...
Swire Properties Sells EAST, Miami to Trinity and Certares
Swire Properties Inc. | October 28, 2021
MIAMI, FL – October 28, 2021 – Swire Properties Inc., one of South Florida’s leading international developers, announced today that it has completed the sale of the 352-key EAST, Miami hotel to a joint venture among funds managed by Trinity Fund Advisors LLC, an affiliate of Trinity Real Estate Investments LLC (“Trinity”), and funds managed by Certares Real Estate Management LLC (“Certares”). The deal represents a significant real estate transaction in Miami’s hospitality sector, having attracted numerous competitive offers. Swire Hotels, a division of Swire Properties Limited, will continue to manage and operate EAST, Miami u...
Certares Acquires Embassy Suites Atlanta Midtown in Partnership With Highlands Investments and Monomoy Property Ventures
HEI Hotels & Resorts | October 25, 2021
NEW YORK – October 25, 2021 – Certares Management LLC a leading investment specialist dedicated to the travel, tourism and hospitality sectors (together with its affiliates, "Certares"), in partnership with Highlands Investments LLC ("Highlands") and Monomoy Property Ventures LLC ("MPV"), today announced the acquisition of the 181 key, new-build Embassy Suites Atlanta Midtown located at 290 17th Street NW in Midtown Atlanta, Georgia. The deal also included the acquisition of an adjacent land parcel and an income-producing parking component. Located in the Atlantic Station area of Midtown, the all-suites property features a lobby ...
