Hyatt Hotels Corporation (NYSE: H) announced today that a Hyatt affiliate has entered into an agreement with an affiliate of Sun Hung Kai Properties Limited to rebrand the 665-room Hotel VIC on the Harbour to Hyatt Centric Victoria Harbour Hong Kong by the third quarter of 2019.
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This expansion is comprised of seven Park Hyatt branded properties, six hotels each under the Grand Hyatt and Andaz brands and two Alila branded resorts, increasing Hyatt’s luxury portfolio in the region by more than 25%.
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Sheraton Hotels & Resorts has unveiled the transformation of the iconic Sheraton Grand Tbilisi Metechi Palace following a full-scale renovation.
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The first of three locations will open at King I located at 1800 Diagonal Road, in Alexandria, VA in October 2019; followed by a location at 2311 Wilson Boulevard in Arlington, VA in November 2019, and 200 State Street in Boston, MA at the end of the year.
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Property Offers Prime Access to North Beach Area
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Approximately $226 million of hotel transactions occurred across Canada in the first quarter of 2019 with 29 deals reported. Download the latest INNvestment Canada Hotel Report which includes an updated Canadian Tourism Snapshot by Colliers International Hotels.
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CHICAGO (May 27, 2019) – Hyatt Hotels Corporation (NYSE: H) announced today that a Hyatt affiliate has entered into an agreement with an affiliate of Sun Hung Kai Properties Limited to rebrand…
Source: New feed
CHICAGO (May 27, 2019) – Hyatt Hotels Corporation (NYSE: H) announced today that 21 new luxury hotels and resorts are planned to open in Asia Pacific by the end of 2020, fueling Hyatt’s brand…
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Taco Bell is continuing its major global expansion with the signing of its largest master franchise agreement in India, as well as unveiling new international markets for the brand.
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The total sale price agreed was Ps. $95.0 million plus VAT. This price represents a cap rate of 9.4% considering an NOI of Ps. $8.9 million generated by the hotel from May 2018 to April 2019.
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