Xenia Hotels & Resorts, Inc. (NYSE: XHR) today announced its acquisition of Park Hyatt Aviara Resort, Golf Club & Spa, a 327-room luxury resort located in Carlsbad, California, for a purchase price of $170 million, or approximately $520,000 per key.
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Q3 saw approximately $267 million of lodging transactions across Canada, pushing the year-to-date total to over $1.1 billion. Download the Hotel INNvestment Canada Q3 Report which includes a real estate debt update contributed by RBC Capital Markets Equity Research and RBC Economics Research.
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HVS interviews Mr. Yazan K. Haddad, CEO of Bahrain Marina Development Company, who leads the development of the unique waterfront mixed-use project. Bahrain Marina is expected to become one of the iconic lifestyle destinations in the Kingdom.
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Historic restoration of 20th century steel foundry opens as Asheville’s first hotel of its kind
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Four Corners Property Trust (NYSE:FCPT) announced the acquisition of six restaurant properties for $7.5 million from Brookfield Properties. The transaction spans five brands, including Texas Roadhouse (2), Applebee's, Olive Garden, Panera Bread and Sonic.
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Fujita Kanko Inc., a leading Japanese hospitality company headquartered in Tokyo, announced the launch of 'Tavinos,' a new hotel brand aimed at adventure-seeking millennials and like-minded travelers from around the world.
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Driftwood Hospitality Management (DHM today announced its purchase of the 480-room Hilton Houston North and 390-room Marriott Houston North.
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Rotana has signed a hotel management agreement with Grandview Hotels and Resorts Limited to manage a new five-star hotel in the Republic of Zambia that is scheduled to be opened by 2021.
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As one of the world’s most visited cities, London doesn’t just need a plentiful supply of hotel rooms. It also needs them to meet the needs and expectations of an ever-widening group of business and leisure travelers.
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Expected to open in 2022, the Conrad property is located on Treasure Island, one of the five man-made islands that makes up the cluster of Marjan Islands located to the west of Ras Al Khaimah.
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