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News in brief: Richfield, Wyndham Orlando Resort, FelCor

Richfield takes on first Marriott management contract: Richfield Hospitality will partner with Northern California-based Presidio Companies to operate the 137-key Courtyard by Marriott Fairfield, California, north of San Francisco.

Read more at MarketWatch

 

 


Wyndham Orlando Resort has new owner: I-Shops Orlando bought the 1,058-room property for US$32.4 million from Teachers Retirement System of the State of Illinois and may renovate the existing hotel.

Read more at the Orlando Business Journal

 

 


FelCor sells Holiday Inn in Toronto: FelCor Lodging Trust Inc. has sold the Holiday Inn Toronto-Yorkdale to Easton Hotel Group for US$22.6 million ($22.9 million Canadian).

Read more at MarketWatch

 

 


Lowe Enterprises acquires Boston-area DoubleTree: Lowe Enterprises Investors has acquired the 281-key DoubleTree Bedford Glen Hotel in Bedford, Massachusetts, on behalf of a pension fund client.

Read more at Business Wire

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