The WoodSpring Suites brand is strengthening its position in the extended-stay segment since the acquisition by Choice Hotels on February 1, 2018. In total, 33 new WoodSpring Suites franchise agreements were awarded in the first quarter, the highest level of quarterly activity in the brand’s history, including 31 since the acquisition.
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Represents the Seller of this Exceptional Waterfront Boutique Inn
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For AccorHotels, the transaction results in a gross cash contribution of €4.6 billion, which is slightly more than the €4.4 billion announced in February and in line with the higher percentage of capital finally sold.
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Marriott International, Inc. today announced plans to debut the Westin brand in the United Kingdom. Owned by 4C Hotel Group and managed by RBH, The Westin London City is set to open in 2020 and will feature a prime riverfront location in the heart of the City of London.
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The first COMPASS by Margaritaville Hotels and Resorts is being developed by Floridays Development Company on Anna Maria Sound, Florida.
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Wyndham Hotels & Resorts funded the $1.95 billion acquisition of La Quinta with proceeds from its $500 million offering of 5.375% senior notes due 2026 completed in April and a $1.6 billion term loan due 2025 that closed in connection with the acquisition.
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Located on Grand Trunk Road, Hyatt Regency Amritsar is the closest upper upscale hotel to the Golden Temple. The hotel is conveniently located within three miles of the Golden Temple and 25-minute drive from the Sri Guru Ram Dass Jee International airport.
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IHG (InterContinental Hotels Group) and Mexico-based Operadora MBA today announce the signing of the first avid™ hotels property in Mexico located in Fresnillo, Zacatecas.
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The property is located in Pennsylvania, and is occupied under a triple-net lease with approximately 9 years of term remaining.
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Officials of Davis Hotel Capital and F10 Hotels today announced the two companies have joined forces to provide clients with enhanced and expanded hotel investment advisory and financial services. Geoff Davis and Angelo Stambules from Davis Hotel Capital are assuming senior level roles within the F10 platform.
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