Davidson Hotels & Resorts announces the transition in ownership of the Iowa City Sheraton, a property formerly owned by RockBridge and managed by Davidson for nearly 10 years. AJ Capital Partners, a Chicago-based private equity firm, has acquired the property while retaining Davidson Hotels & Resorts as the management company.
Source: New feed
Month: July 2017
Sheraton DFW Airport Hotel in Irving, Texas Sold for $46 Million
Officials of The Buccini/Pollin Group today announced that it has completed the acquisition of the 302-room Sheraton DFW Airport Hotel for $46 million. PM Hotel Group, a leading, national hotel management company based in Washington, DC, will operate the hotel.
Source: New feed
Millennial Entrepreneur Inks Deal to Bring Bar Louie to El Paso
Local group on track to bring first Bar Louie to the Sun City by 2018
Source: New feed
Gran Meliá Puerto Rico to Be Rebranded As Meliá Coco Beach
Meliá Hotels & Resorts has announced that its Puerto Rico retreat will be rebranded as Meliá Coco Beach. Previously part of the Gran Meliá Hotels & Resorts family, the resort will undergo renovations throughout 2017 to transition to a different brand within the Meliá Hotels International portfolio.
Source: New feed
The Priceline Group Completes the Acquisition of Momondo Group
The Priceline Group Inc. (NASDAQ: PCLN) today announced that it has successfully completed its previously announced plan to acquire the Momondo Group in a cash transaction whereby The Priceline Group acquired all outstanding shares of the Momondo Group for approximately $550 million.
Source: New feed
Tips to Avoid the 6 Most Common Mistakes Developers Make With EB-5 – By Jim Butler
EB-5 generates billions of dollars of affordable construction financing for developments located in the United States that create new jobs for US citizens. JMBM’s EB-5 financing group has closed more than $1.5 billion of EB-5 financing for our clients’ development projects, and we sourced more than half of that amount.
Source: New feed
Donut King to Launch in Scandinavia
BC Food & Beverage AB, representing a firm of experienced Swedish businessmen, has secured the Master Franchise rights and plans on establishing its first Donut King outlet in the Uppsala region before Christmas 2017.
Source: New feed
New York Hotels: the Next Wave of Micro Hotels – Curbed
Stylish, innovative design characterizes these tiny hotel rooms
Source: New feed
Hotel Telegraaf in Estonia Joins Autograph Collection
Autograph Collection Hotels yesterday announced the opening of its first hotel in Estonia with the debut of Hotel Telegraaf in Tallinn’s historic centre.
Source: New feed
Concord Hospitality Breaks Ground on Beaufort Hotel in South Carolina
Concord Hospitality Enterprises Company, joined by representatives from the Crystal Coast Tourism Authority, broke ground yesterday on the 133-room Beaufort Hotel, an Ascend Hotel Collection.
Source: New feed