Clearview buys California hotel: Clearview Hotel Capital bought the 156-room Embassy Suites Valencia Hotel, located in Valencia, for US$19.6 million from Cerberus Capital Management.
Read more at the Los Angeles Times
Paramount expands in Florida: Paramount Hospitality Management has been selected to manage a recently closed 652-room hotel in Orlando, which will reopen in the fall as Avanti Resort.
Orchid buys Jerusalem hotel: Orchid Hotel Management acquired 74% of the 231-room Ma’ale Hachamisha Hotel.
Dubai buys, reflags Monarch Dubai: A Dubai government entity bought out The Monarch Dubai from Refad Hotels and Resorts and ended Refad’s management of the hotel. The hotel has been reflagged as The H Hotel Dubai and a third-party management agreement is expected to be announced by the end of June.
Read more at Hotelier Middle East
Rotana to expand in Iraq: Rotana Hotels said it plans to open three more hotels in Iraq’s northern Kurdistan region.