Officials of The Dow Hotel Company (DHC) today announced the joint venture acquisition with an institutional investor of the 354-room Holiday Inn San Jose – Silicon Valley in California for an undisclosed amount.
Source: New feed
Month: December 2017
Hotel Okura Manila to Open 2018 in the Philippines
Located near Manila’s Ninoy Aquino International Airport (NAIA), the 191-room Hotel Okura Manila will be situated within Resorts World Manila, an integrated resort owned by TIHGI.
Source: New feed
Fairmont Copley Plaza Boston Sold for $170 Million
RLJ Lodging Trust (NYSE: RLJ) last week announced that the Company has sold the 383-room Fairmont Copley Plaza in Boston, MA for $170.0 million or approximately $444,000 per key.
Source: New feed
Holiday Inn Stonehenge Sold for £12.5million
Bowling Green Asset Management (BGAM) is announcing its second branded hotel acquisition of 2017, a luxury 103-room Holiday Inn, located close to Salisbury and Stonehenge, for £12.5 million, reflecting a net initial yield of 9.25%.
Source: New feed
The Fives Downtown Hotel & Residences in Playa Del Carmen Joins Curio Collection
Marking the first Curio Collection property in the country and Hilton’s first hotel in Playa del Carmen, the boutique hotel features 93 contemporary guest rooms, a rooftop infinity pool overlooking the Caribbean Sea and four dining outlets, including an authentic tequila bar with more than 100 different tequilas and mezcals.
Source: New feed
First Hyatt Regency Hotel Opens In Moscow's Petrovsky Park
CHICAGO (December 15, 2017) – Hyatt Hotels Corporation (NYSE: H) today announced the opening of Hyatt Regency Moscow Petrovsky Park, Moscow’s first Hyatt Regency hotel and second Hyatt…
Source: New feed
Hyatt Centric La Rosière Officially Opens
CHICAGO (December 15, 2017) – Hyatt Hotels Corporation (NYSE:H) announced today the opening of Hyatt Centric La Rosière, the first Hyatt Centric hotel in France and the first Hyatt ski resort…
Source: New feed
TWA Hotel at JFK International Airport Tops Out
Designed by Eero Saarinen in 1962, the TWA Flight Center is on track to reopen in early 2019 as the TWA Hotel, JFK’s only on-airport hotel
Source: New feed
Hyatt Increases Share Repurchase Authorization By $750 Million; Sold Hyatt Regency Monterey Hotel & Spa; Received $217 Million in Connection with Sale of Avendra
CHICAGO (December 14, 2017) – Hyatt Hotels Corporation (NYSE: H) today announced that its Board of Directors has authorized the repurchase of up to an additional $750 million of the Company’s…
Source: New feed
Staybridge Suites Launching in Asia Pacific
InterContinental Hotels Group (IHG), has signed a management agreement with Origin Property Public Company Limited to bring Staybridge Suites to Asia Pacific. The all-suite extended stay brand will launch in Thailand – Staybridge Suites Bangkok Thonglor in 2019, in association with Nomura Real Estate Development Company Limited and Staybridge Suites Chonburi Siracha in 2020.
Source: New feed