pacventures
RAR Hospitality Acquires Holiday Inn Express & Suites Tempe in Arizona
RAR Hospitality | September 8, 2015
The management and ownership acquisition is the third local partnership with PacVentures TEMPE, Ariz. - Sept. 8, 2015 - In partnership with PacVentures, San Diego-based RAR Hospitality has acquired The InterContinental Hotels Group (IHG)-affiliated Holiday Inn Express & Suites Tempe, marking their third joint venture into Arizona's burgeoning hospitality market. Located adjacent to Arizona Mills Mall, which recently won the bid for a new Lego Discovery Center, and surrounded by multiple points of interest, the Holiday Inn Express & Suites Tempe (HIE) has flourished over recent years. "RAR is thrilled to have another Arizona hote...
R.A. Rauch & Associates and PacVentures Expand Arizona Presence with Acquisition of Two Hotels
R.A Rauch & Associates | March 13, 2015
Following the recent opening of the Radisson Hotel Phoenix North, new hotels make a total of three Arizona properties for the San Diego-based hospitality management and consulting firm PHOENIX, Ariz. (Mar. 13, 2015)- In partnership with PacVentures, San Diego hospitality management and consulting firm R.A. Rauch & Associates acquired two Arizona hotel properties in February 2015. Combined with the January opening of its reflagged Radisson Hotel Phoenix North, R.A. Rauch & Associates' purchase of the Quality Inn & Suites Tucson Airport North and the Country Inn & Suites Deer Valley is quickly solidifying the firm's statu...