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Radical Innovation, an initiative that challenges creative thinkers and design visionaries at the professional and student level to pioneer compelling innovations in travel, hospitality, and architecture, is pleased to announce the finalists for the 16th annual competition. Progressive architects, designers, and students, representing over 20 countries, submitted their ground-breaking ideas to design the future of the hospitality and travel industries.

Watermark Lodging Trust, Inc. (“Watermark,” “WLT” or the “Company”) announced today that it has entered into a definitive agreement with private real estate funds managed by Brookfield (“Brookfield”), under which Brookfield will acquire all of the outstanding shares of common stock of Watermark for $6.768 per Class A share and...

Watermark Lodging Trust, Inc. (“Watermark,” “WLT” or the “Company”) announced today that it has entered into a definitive agreement with private real estate funds managed by Brookfield (“Brookfield”), under which Brookfield will acquire all of the outstanding shares of common stock of Watermark for $6.768 per Class A share and $6.699 per Class T share in an all-cash transaction valued at $3.8 billion, including the assumption of debt and preferred equity. The purchase price represents a premium of over 7.5% from the most recently published Net Asset Values per share as of Decem...

Private real estate funds managed by Brookfield are set to acquire Watermark Lodging Trust in an all-cash deal.

/PRNewswire/ -- Watermark Lodging Trust, Inc. ("Watermark," "WLT" or the "Company") announced today that it has entered into a definitive agreement with...