Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT) today announced that it has closed on the sale of Hotel Goldener Hirsch, A Luxury Collection Hotel in Salzburg, Austria to companies of the WILD Group for €20M (approximately $22 million USD). Starwood will continue to operate the hotel under the Luxury Collection brand flag under a new long-term management agreement.
Source: New feed
Month: August 2016
Leading Chefs to Curate Eight New Establishments in Trade Irvines First Food Hall
Lincoln Property Company and Alcion Ventures sign leases with diverse mix of chef-driven concepts following $5 million renovation
Source: New feed
The Waldorf Astoria's Final Checkout Date Set for March 1 – Curbed
The hotel is shuttering to undergo a partial condo conversion
Source: New feed
Andaz Ottawa ByWard Market Opens Its Doors
CHICAGO (August 22, 2016) —Hyatt Hotels Corporation (NYSE: H) announced today the official opening of Andaz Ottawa ByWard Market, marking the brand’s official entry into Canada. Andaz Ottawa…
Source: New feed
Marriott Boulder, CO Hotel Sold for $61.4 Million
Summit Hotel Properties, Inc. (NYSE: INN) announced that on August 9, 2016, it completed the previously announced acquisition of the 157-guestroom Marriott®in Boulder, CO for a gross purchase price of $61.4 million and entered into a management agreement with Stonebridge Realty Advisors, Inc.
Source: New feed
WoodSpring Suites Plans New Franchised Location in the Detroit MSA
WoodSpring Hotels has partnered with M2B2, LLC to build a new prototype WoodSpring Suites hotel in Wixom, Michigan. The property will be located between Grand River Avenue and Highway 96 near South Wixom Avenue.
Source: New feed
Hospitality Management Corporation Selected to Manage Hampton Inn Cotulla, TX
Conveniently Located Just Off I-35 Between San Antonio and Laredo
Source: New feed
Holiday Inn Gdansk City Centre Announced for 2019
InterContinental Hotels Group (IHG) announced the signing of Holiday Inn Gdansk City Centre. The property will operate under a management agreement with real estate developers UBM Development AG and is set to open in 2019.
Source: New feed
Hotel RL Spokane at the Park Completes Conversion
The Hotel RL Spokane at the Park was formerly the Red Lion Hotel at the Park. The renovation project began in February.
Source: New feed
New-build Holiday Inn Express Asuncion Aviadores To Open 2018 in Paraguay
Expected to be open by the end of 2018, the hotel will be in close proximity to the World Trade Center Asuncion, Shopping del Sol and Paseo La Galeria. The hotel will also be only 15 minutes from the Silvio Pettrossi International Airport.
Source: New feed