326 Room Hyatt Regency Algiers Airport to Open in 2018

Hyatt Regency Algiers Airport will be part of a wider airport expansion in one of North Africa’s largest cities. The 326-room hotel will be situated directly opposite the airport’s new terminal and will be the only terminal-linked hotel.
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Hyatt Centric Gran Via Madrid Hotel to Open Q4 2017

Hyatt Hotels Corporation (NYSE:H) today announced that a Hyatt affiliate has entered into a management agreement with Exacorp One, S.L. for a 159-room Hyatt Centric hotel in Madrid that is expected to open by Q4 2017.
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Silka West Kowloon Hotel Sold for HK$450 Million

Far East Consortium International Limited announced that on 3 March 2017 Dorsett Hospitality International Limited, a wholly owned subsidiary of the Group, entered into a Sale and Purchase Agreement with Golden Wheel Jasper Company Limited, a subsidiary of Golden Wheel Tiandi Holdings Company Limited (SEHK: 1232), whereby Dorsett Hospitality agreed to sell Silka West Kowloon, which is located at 48 Anchor Street, Kowloon, Hong Kong, to Golden Wheel Jasper at an aggregate consideration of HK$450 million.
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Hyatt Announces Plans for Hyatt Centric Gran Via Madrid

CHICAGO (March 6, 2017) – Hyatt Hotels Corporation (NYSE:H) today announced that a Hyatt affiliate has entered into a management agreement with Exacorp One, S.L. for a 159-room Hyatt Centric…

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Hyatt Announces Plans for Hyatt Regency Chantilly

CHICAGO (March 6, 2017) – Hyatt Hotels Corporation (NYSE: H) announced today that a Hyatt affiliate has entered into a management agreement with Hospitality Management Chantilly for a Hyatt…

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BHG and AccorHotels Announce a Partnership to Manage 26 Hotels in Brazil

Brazil Hospitality Group (BHG) and its shareholders – Funds managed by GP Investments and GTIS Partners – announce today an agreement with French group AccorHotels by means of which Accor will reflag and manage a portfolio of 26 hotels (4,400 rooms). AccorHotels will pay R$ 200 million for the transaction.
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Hotel Yountville in Napa Valley Sold For $96.5 Million

Ashford Hospitality Prime, Inc. (NYSE: AHP) today announced it has entered into a definitive agreement to acquire the 80-room Hotel Yountville in Yountville, CA for $96.5 million ($1,200,000 per key).
Source: New feed