February 11, 2014

Cover Story

CEO of the Year

Utah’s business landscape is rich with professionals who have le...Read More

Featured Articles

Did you go Skiing this winter?

Around Utah

Sections

Spotlight
Martin Plaehn

Spotlight
Karen Sendelback

Legal Briefs
Social Media and Employers: Friends or Enemies?

Money Talk
The Case for HSAs

Economic Insight
Time to Show Up

Lessons Learned
Make a Move

TechKnowledge
In the Lab

EntrepreneurEdge
Rent to Own

Business Trends
Back from the Dead

Living Well
Artful Inspiration

Features
A Breath of Fresh Air

Features
Worst-Case Scenario

Regional Report
Northern Utah

Focus
Measure Up

Industry Outlook
Travel & Tourism

Players
Players

Article

Lodging Dynamics Makes First Acquisition through Equity Fund

Press Release

February 11, 2014

Provo — Lodging Dynamics Hospitality Group has made its first acquisition through its affiliated equity fund, LD Hotel Group I, LLC. The fund is raising $60,000,000 to fund future acquisitions. The fund purchased its first hotel, a 102-room Staybridge Suites in Omaha, Neb. Lodging Dynamics Hospitality Group owns and operates a TownePlace Suites in West Omaha and also has a Hampton Inn under construction in the same West Omaha market.

After more than two decades of developing, managing, and owning hotels, the company decided to augment its growth strategy through hotel acquisition. "We are raising this fund to use as a tool to acquire existing hotels, converting hotels to premium brands and to accelerate the company's growth," said Joel P. Sybrowsky, president and CEO of Lodging Dynamics Hospitality Group.

The fund’s proceeds are all going toward the acquisition of U.S. properties the company plans to improve through the input of capital. 

Utah Business Social
UB Events View All
Fast 50 Utah Business Event
Aug 27, 2015
The top 50 companies will be selected based on a combination of revenue growth and revenue gene...
Job Summit - POSTPONED UNTIL FALL 2015 Utah Business Event
Sep 24, 2015
NOTE: The date listed below is not secured. We will update as the event gets closer. Thank you ...
Community Events View All
PowerPoint Level 1
Jul 7, 2015
A hands-on, comprehensive overview of Microsoft PowerPoint. Explore the user interface and Ribbon...
Mind Mastery Revealed: How To Get What You Want This Year With Your Brain!
Jul 7, 2015
Do you self sabotage? Are you spinning your wheels with the same goals over and over? Are you ...

info@utahbusiness.com  |  90 South 400 West, Ste 650 Salt Lake City, Utah 84101   |  (801) 568-0114

Advertise with Utah Business

Submit an Event

* indicates required information
* Event Name:
Price (general):
Website (if applicable):
Coordinator's Name:
Coordinator's Email:
Coordinator's Phone:
Venue Name:
Venue Address:
Venue City:
Venue Zip:
Event Capacity:
Date(s):
to
* Event Description:
  Cancel