The designation as a ‘Boutique Hotel’ was preceded by the recognition of the particular architectural and decorative design concept of Santo Maris Oia Luxury Suites & Spa. The determination was made by a Special Group of Advisors of the Hellenic Chamber of Hotels by validating the upgraded services offered by the resort.
Source: New feed
Month: March 2018
HNA's Hilton Spinoff Purge Sparks Talk of What's Next on Block – Bloomberg
Is Hilton Worldwide Next on the Block for China’s Cash-Hungry HNA?
Source: New feed
Maison Heler Metz, Curio Collection by Hilton Hotel Announced
The 14-story hotel, which will operate under Curio Collection by Hilton in an agreement unveiled at MIPIM, includes a €22.5 million investment led by Yvon Gérard and a consortium of investors.
Source: New feed
Lotte New York Palace Hotel Joins Luxe Collection by L.E. Hotels
Known as a historic landmark in Manhattan, Lotte New York Palace offers a setting for travelers looking to escape the bustling city for a relaxing and elegant retreat on Madison Avenue in Midtown. This New York City hotel features luxurious furnishings with views of the city’s skyline, including St. Patrick’s Cathedral and Rockefeller Center which are only a few steps away.
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Intercontinental Dallas Hotel Sold and to Rebrand As Renaissance Dallas Addison
The InterContinental Dallas Hotel has been purchased by Columbia Sussex, a privately held company based in Crestview Hills, KY. Columbia Sussex is one of the nation’s largest franchisers of Marriott hotels, and is rebranding the InterContinental to Renaissance Dallas Addison. Renovations are already underway.
Source: New feed
Huff, Niehaus Closes Two Hotel Transactions in Early March
The hotels include a dual-branded hotel in one market and the other a small owner/operator property. Assets included in these transactions were located in Kentucky and Ohio. Both hotels were exclusively listed by Brandt Niehaus.
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Hyatt and Hui Xian Reit Announce Plans for a Hyatt Hotel in Chongqing
CHICAGO (March 14, 2018) – Hyatt and Hui Xian Real Estate Investment Trust (“Hui Xian REIT”) jointly announced today an agreement for Hyatt to manage a hotel owned by Hui Xian REIT. Located…
Source: New feed
Aston Waikiki Beach Hotel Sold For $200 Million
Xenia Hotels & Resorts, Inc. (NYSE: XHR) today announced that it has completed the sale of the leasehold interest in the 693-room Aston Waikiki Beach Hotel in Oahu, HI for a sale price of $200 million, or approximately $310,000 per key. The price represented a 12.6x multiple on the Hotel’s 2017 EBITDA.
Source: New feed
China's HNA to Sell 25 Percent Stake in Hilton Grand Vacations – Reuters
Chinese conglomerate HNA Group will sell its 25 percent stake in Hilton Grand Vacations Inc (HGV.N), the timeshare business spun off last year from U.S. hotel chain Hilton Worldwide (HLT.N), Hilton Grand said on Tuesday.
Source: New feed
Al Zaman Group Acquires IntercityHotel Portfolio
An Oman based investor’s group led by Al Za-man Group of Companies has acquired a portfolio of four IntercityHotels across Germany sold by Invesco Real Estate.
Source: New feed