Hilton Grand Vacations has purchased the shuttered Ohana Islander Waikiki Hotel from Outrigger Enterprises Group for an undisclosed amount.
A Goldman Sachs fund has restructured US$1.42 billion of debt that had been coming due on a group of hotels known as the Tharaldson and CNL portfolios.
Capital Hotel Management has acquired the four-property Santa Monica Hotel Group—an asset-management portfolio that includes Four Seasons Hotel Los Angeles—and is hiring two of the firm’s executives. Terms of the transaction have not been disclosed.
The Pierre has suspended a supervisor and agreed to equip guestroom attendants with panic buttons following an alleged sexual assault of a housekeeper this weekend.