A summary of European hotel transactions provided by HVS
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Embarking on a hotel renovation? Armed with a Property Improvement Plan (PIP) but unsure where to start? We’ve got you covered with insights learned at the recent Hunter Hotel Investment Conference in Atlanta where industry experts spoke from a diverse range of experience on one of our favorite topics – PIPs and Capex investments.
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Marriott International, Inc. announced it has signed an agreement with NEOM to open its second Ritz-Carlton Reserve in Saudi Arabia. Anticipated to open in Trojena, a year-round mountain destination located in the northwest region of the country, the property will offer a complete escape into a private world of luxury.
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Properties in Riyadh, Saudi Arabia and Los Cabos, Mexico will join recently opened SIRO One Za’abeel in Dubai, and forthcoming SIRO Boka Place in Montenegro, set to open in Q4 2024
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CHICAGO (April 25, 2024) – One in every four individuals in the U.S. has a sensory need or an invisible disability according to KultureCity, including those with autism spectrum disorder,…

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The Elanor Hotel Accommodation Fund, managed by Elanor Investors Group, has sold the Leura Gardens Resort just under 12 months after acquisition.
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The signing marks Nobu’s third venture in Egypt, following the unveiling of Nobu Hotel, Restaurant, and Residences in both West Cairo and North Coast Egypt last summer.
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CHICAGO (April 24, 2024) – Hyatt Hotels Corporation (NYSE: H) announces that World of Hyatt is offering members new access to earn and redeem at a collection of more than 700 boutique and luxury…

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Dan Emert, Managing Principal of Prime Investment Properties and member of Hotel Brokers International, developed the marketing strategy and led the negotiations in the transaction. The Virginian Hotel has been acquired by JET Hospitality for an undisclosed price.
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StayAPT Suites & Powerhouse Hotels Forge Partnership to Expand Presence with 30 New Locations
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