Melia Cabo Real Hotel to Convert to Paradisus Los Cabos

Meliá Hotels International announced today that it will transform Meliá Cabo Real into Paradisus Los Cabos, which is part of a US $35 million renovation to convert and upgrade the existing property. Set to open December 23, 2016, this property will be the ninth Paradisus resort in its portfolio and the fourth in Mexico.
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Fairfield Inn & Suites Milwaukee Downtown Sold to Arbor Lodging Partners

Arbor Lodging Partner announced today that, through an affiliate, it has acquired the Fairfield Inn & Suites Milwaukee Downtown, a 103-room select-service hotel, located at 710 N. Old World Third Street. NVN Hotels will manage the hotel, effective immediately, and will make improvements to the hotel.
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Hyatt Place Denver/Westminster Hotel Begins Construction

White Lodging and Etkin Johnson Real Estate Partners announced they have begun construction on a 137-room Hyatt Place hotel in Westminster, Colorado, slated to open in spring 2018. The hotel will be managed by White Lodging Services Corporation.
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Grupo Hotelero Santa Fe to Expand Hilton Puerto Vallarta Hotel

Grupo Hotelero Santa Fe, S.A.B. de C.V. (BMV: HOTEL) announced today the acquisition of real estate properties consisting of 54 units for hotel-only purposes, as well as an undeveloped land lot of 1,043 square meters, which currently comprise 162 hotel suites, located in usable area of approximately 15,100 square meters, and is adjacent to the Hilton Puerto Vallarta hotel.
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