Hyatt Hotels Corporation (NYSE: H) announced today that a Hyatt affiliate has entered into a management agreement with PEC Portfolio Springvale Pty Ltd for a 200-key Hyatt Place hotel in Melbourne, Australia.
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Month: May 2018
Hyatt Place Denver/Westminster Celebrates Official Opening
WESTMINSTER, Colo. (May 3, 2018) – Hyatt Place Denver/Westminster is officially open. The new hotel features the Hyatt Place brand’s intuitive design, casual atmosphere and practical…
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Hyatt Announces Plans for Second Hyatt Centric Hotel in Central America
CHICAGO (May 3, 2018) – Hyatt Hotels Corporation (NYSE: H) today announced that a Hyatt affiliate has entered into a franchise agreement with LATAM Hotel Corporation for a 138-room Hyatt Centric…
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Starwood Capital Group Sells £830m ($1.1b) Portfolio of U.K. Hotels to Foncière Des Régions
The portfolio consists of 14 leading, full-service hotels comprised of 2,638 keys and split across two distinct landmark brands, Principal (12 hotels) and De Vere (2 hotels). The properties occupy flagship locations in high-growth cities across the U.K., including London, Manchester, Edinburgh, Glasgow, Oxford, York and Leeds. Included in the portfolio are The Principal London and The Principal Manchester, two of the most iconic and historic hotels in the U.K.
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Mandarin Oriental Muscat Announced for 2021
Mandarin Oriental, Muscat will feature 150 guestrooms and suites, five restaurants and bars, a Spa at Mandarin Oriental and an outdoor swimming pool. A variety of banqueting and meeting spaces will accommodate social and business events.
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Four Seasons to Cease Management of Four Seasons Hotel Vancouver
Four Seasons is concluding its management of Four Seasons Hotel Vancouver, effective January 31, 2020. Four Seasons manages the Hotel under a long-term lease agreement with the property’s landlord, Cadillac Fairview Corporation; the current term of the lease expires in 2020, and will not be renewed.
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Four Seasons Hotel Vancouver to Close in 2020 – CBC
The Four Seasons hotel in downtown Vancouver is shutting down after operating for more than 40 years.
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Holiday Inn Melbourne Coburg Hotel Announced for 2020
IHG has signed a deal with Barnes Capital to open a striking Holiday Inn in Coburg, Melbourne’s up-and-coming northern suburb, in 2020.
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IHG to Operate 12 Foncière Des Régions Hotels in the U.K.
InterContinental Hotels Group [LON:IHG, NYSE:IHG (ADRs)] has today announced plans to expand its luxury and upscale estate in the UK. IHG has entered into a conditional agreement with Foncière des Régions, to rebrand and operate 12 high quality open hotels (2.2k rooms) and one pipeline hotel (185 rooms) into its portfolio across the UK.
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Hampton Inn & Suites by Hilton Phoenix Downtown Sold for $44 Million
Apple Hospitality REIT, Inc. (NYSE: APLE) today announced that it acquired the newly constructed 210-room Hampton Inn & Suites by Hilton Phoenix Downtown for a purchase price of approximately $44 million, or $210,000 per key.
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