Mantra MacArthur Hotel to Open This September in Canberra

A former office tower transformed into a 176-room hotel as part of the city’s vibrant urban renewal program will meet Canberra’s growing demand for hotel capacity. Mantra MacArthur Hotel is the only new hotel to open in Canberra in 2017.
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Boulder Creek Inn, Donnelly, Idaho Sold by Crystal Investment Property, LLC.

Crystal Investment Property, LLC represented the Seller and Buyer in the sale. Joseph P. Kennedy, President of CIP, worked closely with the Seller, as well as the parties’ other professionals, to negotiate a mutually acceptable sale. The final sale price is confidential.
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Fountainbleau Site in Las Vegas Sold for $600 Million

Witkoff together with New Valley LLC today announced that they have acquired the significantly undervalued resort hotel located at 2755 Las Vegas Boulevard South in Las Vegas (formerly known as the Fountainbleau), for $600 million.
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Best Western Premier Sonasea Phu Quoc in Vietnam Announced for 2019

Best Western Hotels & Resorts has revealed plans to launch a spectacular new beachfront resort in Phu Quoc, the stunning tropical island off Vietnam’s South Coast. On July 20, 2017, Best Western signed a license agreement with Vietnam’s CEO Group for the brand new Best Western Premier Sonasea Phu Quoc – a beautiful upscale property scheduled to open in January 2019.
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Hyatt Announces Plans for Grand Hyatt Jeju

CHICAGO (August 29, 2017) – Hyatt Hotels Corporation today announced that a Hyatt affiliate has entered into a management agreement with Lotte Tour Development Co., Ltd. for a Grand Hyatt branded…

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Hyatt Regency Shanghai Global Harbor Opens In East China

CHICAGO (August 28, 2017) – Hyatt Hotels Corporation (NYSE: H) announced the official opening of Hyatt Regency Shanghai Global Harbor in Shanghai’s Putuo District. Hyatt Regency Shanghai…

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