The hotel will be owned by Molo Hotels and operated by Lighthouse Hotel Management, and it will be the company's fifth UK opening and will join Molo and Lighthouse's expanding portfolio which also includes hotels in Aruba and Rome'.
Source: New feed

HCW announces the purchase of the 127 guest room Hyatt Place Phoenix Gilbert. The six (6) story Hyatt property was built in 2009 and recently experienced a partial renovation. HCW plans to continue the upgrades in the coming year.
Source: New feed

With 2022 coming to a close, the transformation of Sheraton Hotels & Resorts continues to build momentum across the globe, with Greater China now featuring eight properties exemplifying the modernized design concept, including the soon-to-open Sheraton Xi’an Chanba.
Source: New feed

The properties are located in a highly trafficked corridor in New York and are corporate-operated under triple net leases with a weighted average of 2.5 years of term remaining.
Source: New feed

A summary of European hotel transactions provided by HVS
Source: New feed

Kempinski Announces Two New Projects in Turkey
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Currently operating on an unbranded basis, the 50-room luxury hotel is expected to join The Unbound Collection by Hyatt brand in 2023 after an extensive refurbishment.
Source: New feed

The 158-room rebranded hotel will be the first DoubleTree by Hilton hotel in Kyoto and is scheduled to open in the summer of 2023.
Source: New feed

The properties are located in strong retail corridors in Illinois and are under individual long-term, triple net leases each with approximately nine years of term remaining.
Source: New feed

Fontainebleau Las Vegas spans 25 acres and nine million square feet in a coveted location on the northern end of the Las Vegas Strip directly adjacent to the Las Vegas Convention Center, and will feature approximately 3,700 luxury hotel rooms.
Source: New feed