354 Room Holiday Inn San Jose – Silicon Valley Sold

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

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

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

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