Caesars Entertainment to Acquire Land to Develop New Convention Center

Caesars Entertainment Corporation (NASDAQ: CZR) today announced definitive agreements to sell and leaseback the real estate assets associated with Harrah’s Las Vegas to VICI Propertie and to acquire adjacent land from VICI to develop a planned new 300,000 square foot convention center.
Source: New feed

Hotel Gracery Namba to Open 2019 in Osaka, Japan

Fujita Kanko Inc. announced its plan to open Hotel Gracery Namba in Osaka, Japan. Construction is expected to begin in January 2018, with an opening scheduled for summer 2019.
Source: New feed

Banyan Investment Group Acquires Three Marriott-Branded Hotels for Nearly $30 Million

Banyan Investment Group today announced that it has acquired and will operate three Marriott-branded hotels in two separate transactions: the 105-room Fairfield Inn & Suites Chicago St. Charles and the 92-room Fairfield Inn & Suites Chicago Naperville, both in Ill., and the 129-room Lansing Courtyard by Marriott in Mich., for a combined total of nearly $30 million.
Source: New feed

Another Trump Hotel Wants Out – Travel Pulse

Wallowing in a damaging downturn, the owners of a Trump International Hotel in Panama say they’d like the U.S. president’s name stripped from the building.
Source: New feed