SIEGEL GROUP ACQUIRES SUNSTYLE SUITES INN: The Siegel Group, the Las Vegas-based real estate investment and management company, has acquired the former Sunstyle Suites Inn in Orlando, Fla. for $10.33 million. The hotel was closed in a quick, 30-day off-market transaction. Also included in the deal was a vacant plot and totaling a third of an acre, which Siegel Group intends to sell or develop. The acquisition has increased the portfolio of Siegel Select and Siegel Suites in the U.S. to 62 and is the second location the brand has added to the Florida market within the past six months. Built in 2000, the hotel spans 2.41 acres and consists of a three-story exterior corridor property. The hotel has 191 rooms with kitchenettes. The Siegel Group will renovate and enhance the hotel, including updating the flooring, cabinetry and countertops, along with installing new furniture and appliance packages in all rooms. The building’s exterior will be painted and other aspects of the property will get cosmetic upgrades, including a Siegel Select brand signage.
HOTEL PER LA JOINS AUTOGRAPH COLLECTION: Hotel Per La has joined the Autograph Collection hotels, Marriott International’s independent upper-upscale luxury hotel brand. Located in downtown Los Angeles, the lifestyle hotel was built in 1922 and was the former headquarters of the Bank of Italy. The building has been reimagined by HN Capital Partners and Sage Hospitality Group and currently offers 241 rooms and suites along with a restaurant and bar, café, rooftop bar and 10,000 square feet of event space. Much of the 12-story hotel’s signature architectural features have been retained and the building’s Doric columns, golden and blue ceiling and marble floors have been preserved. The interiors have been reimagined by Los Angeles-based interior designer, Jaqui Seerman. The hotel features more than 4,000 art pieces that celebrate the building’s Californian, Italian and Mediterranean heritage.
MAVERICK ADDS TO MANAGED HOTELS PORTFOLIO: Chicago-based Maverick Hotels and Restaurants has added Riverview Inn & Suites, Ascend Hotel Collection to its managed properties portfolio. Located in Rockford, along the banks of the Rock River in Illinois, the hotel has 84 rooms, each unit including an espresso maker, a refrigerator and a microwave. Some of the rooms offer river views. Amenities at the hotel include a 24-hour fitness center, conference center, laundry facilities, a library and a shared living room.
39:23 MANAGEMENT ADDS TO PORTFOLIO: Thirty-Nine 23 Management, LLC (39:23), the Amarillo, Texas-based hotel management company, has added the Home2 Suites by Hilton in West Amarillo to its management portfolio. Located close to Amarillo’s popular places, the all-suite extended stay hotel features an indoor pool, fitness area, business center and EV charging stations. 39:23 also operates Hyatt Place, Tru by Hilton and My Place Hotels in Amarillo and another My Place Hotel in Lubbock, Texas.
PHUKET RESORT TO REPOSITION AS LUXURY PROPERTY: Amora Beach Resort Phuket is undergoing extensive refurbishments worth THB500 million ($13.73 million) to reposition as a modern, luxury resort. The 264-room beachfront resort is slated to reopen this December and will debut more facilities. The resort, owned and operated by Amora Hotels & Resorts, first opened in 1999 and will become the group’s flagship resort in Thailand following the renovations. Along with refurbishing the guestrooms and suites, the property will see the additions of a new beach club, wellness center with massage and fitness facilities, a restaurant, kid’s club, two pools, beachfront events lawn, a grand ballroom and four meeting rooms.