Howard Group, a Northwest Florida-based portfolio real estate development company, has announced plans to develop an 84-room, five-story Hyatt Place hotel in Grand Boulevard at Sandestin.
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Wyndham Worldwide Announces Plan To Become Two Publicly Traded Hospitality Companies
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CHICAGO (August 3, 2017) – Hyatt Hotels Corporation (“Hyatt” or the “Company”) (NYSE: H) today reported second quarter 2017 financial results. Net income attributable to Hyatt was $87 million, or…
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Restaurant Brands International Inc. announced today that it has entered into an agreement with a joint venture partner to develop and grow the TIM HORTONS brand in Spain.
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Pentahotel Moscow – Arbat will be situated within one of the four famous "’Book Houses" located on Novy Arbat, around one mile from the Red Square. As part of ‘Arbat, 15 Building’, the new hotel will be located at the intersection of tourism, government and commercial districts.
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The coastal boutique property features 165 guestrooms, over 4,500 square feet of meeting space, a restaurant and bar, a fitness center, as well as an outdoor pool, Jacuzzi, and private gardens.
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China’s Anbang Insurage Group, which owns the Waldorf=Astoria New York and other hotels in the U.S. and which tried to buy Starwood before ultimately being outbid by Marriott, has been ordered by the Chinese government to sell overseas assets and repatriate the proceeds to China. Anbang says they have no plans to do that.
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Hotel on Track to Open in 2018 First Quarter
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The Okura Prestige Taichung will be situated in a commercial complex of offices and hotels located in the heart of Taichung. The city’s 7th Redevelopment Zone, where the commercial complex will be developed, is becoming Taichung’s new business and commercial center. The hotel will be close to cultural attractions such as the National Taichung Theater and the new Taichung City Government.
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FelCor Lodging Trust Incorporated (NYSE: FCH) yesterday announced that it has sold its 168-room Royalton New York hotel to a joint venture between Rockpoint Group and Highgate for gross proceeds of $55 million.
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