Waramaug LS Hotels LLC, in joint venture with a China-based investor, has acquired the SpringHill Suites by Marriott Newark Liberty International Airport hotel in Newark, New Jersey.
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The groundbreaking ceremony for Arnava Hotel & Residence, Batu was held on the 20th May 2017, launching the development of this mixed-use property. Ideally situated for easy access to all of Batu City’s attractions and less than 20 kilometers northwest of Malang, Arnava Hotel & Residence, Batu, will be developed over 7,000 m2 at an investment cost of approximately IDR 150 billion.
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This 68-room upper upscale boutique hotel is located in the heart of downtown Buffalo and features seven styles of unique guest rooms.
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Secret hidden underground swimming pool, bulletproof walls and more
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Also joining IHG is Kirkton Park Hunter Valley, previously The Sebel Kirkton Park Hunter Valley.
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The Company will invest additional funds to upgrade the property, including a lobby renovation and additional capital improvements for exterior and system upgrades. The acquisition was financed by BMO Harris Bank, and Real Hospitality Group will manage the hotel on behalf of Gehr Hospitality.
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Andonara Group and PT. Rancamaya Selaras Propertindo today signed a management agreement for the development of a two-hectare site within Rancamaya Bogor. The site will be home to the next Amanuba Hotels and Resort, an integrated four-star property which will offer guests a broad range of amenities just a few minutes from the touristic center of Bogor and only one hour from Jakartar.
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The eco green concept resort area is located adjacent to Rancamaya Real Estate and Rancamaya Golf Course, where most of the land is designated as a garden with beautiful mountains view and rice fields.
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The properties are occupied under two separate triple-net master leases with 20-year initial terms and above average brand performance.
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