American Hotel Income Properties REIT LP (TSX: HOT.UN) (OTCQX: AHOTF) announced today that it has agreed to acquire through its subsidiaries, a portfolio of six branded, select-service hotels located in Tampa, Orlando, Sarasota, and Fort Myers, Florida for an aggregate purchase price of US$61.0 million.
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Amidst general spending cuts there is increased evidence of continued government investment in Abu Dhabi’s mega tourism projects and overall positive demand in the hospitality market.
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Sleeping in a box which is 2 meters long and a little over 1 meter high and wide is becoming the low cost, Japanese-style choice of thousands of international travelers.
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Former Manchester United stars Ryan Giggs and Gary Neville, who have teamed up with Singapore billionaire Peter Lim on property developments in Manchester, are seeking to bring their football-themed hotels and cafes to Asia.
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California-based franchise group Cristallo Ventures L.L.C. has signed a 12-unit agreement to develop Blast & Brew locations throughout Santa Barbara, Ventura and San Luis Obispo counties over the next eight years. The group currently operates a franchised Blast & Brew in San Luis Obispo, which opened in March 2016.
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CHICAGO – October 26, 2016 – Hyatt Hotels Corporation (NYSE: H) has been named one of the 25 World’s Best Multinational Workplaces for 2016, according to global research and consulting firm…

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The Naples Hotel Group announced that it has acquired the development and management contract for the new Fairfield Inn & Suites located in Miami Lakes, FL.
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Will Rebrand Up to Three Restaurants As Taco Cabana Restaurants
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Suchad Chiaranussati, managing director of SC Capital Partners Group, spends some $1 billion a year snapping up hotel assets. But ask him where he would put his money next, and what’s his answer? Pet hotels.
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Year-to-date, the group has added 33 hotels and more than 6,400 rooms to its pipeline, and 14 new hotels with almost 2,700 rooms to operations.
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