A joint venture of MCR and Building and Land Technology (BLT) has completed a $647.5 million financing across a 5,958-guestroom national portfolio of 53 Marriott and Hilton select service and extended stay hotels spanning 15 states and 31 markets.
Source: New feed
Today, a consortium led by Jin Jiang International Holdings Co., Ltd (Jin Jiang International) announced that it has completed the acquisition of Radisson Hospitality, Inc.
Source: New feed
Choice Hotels International, Inc. (NYSE: CHH) has signed an agreement with an affiliate of HB Capital Management LLC, to develop a Cambria Hotel in Alpharetta, Georgia. The five-story, 144-room upscale hotel is slated to open in 2020.
Source: New feed
Hard Rock International announced Reverb by Hard Rock – the brand's entrance into the select service hotel category.
Source: New feed
The Indian Hotels Company (IHCL) today announced its second hotel in Odisha with the signing of a new Vivanta hotel in Bhubaneswar through a management contract with Lifeline Multi-Ventures. The signing is in line with the company's strategic expansion plans for driving aggressive growth.
Source: New feed
Best Western Hotels & Resorts announced the newest addition to its luxurious collection of BW Premier Collection by Best Western hotels, with the opening of the newly renovated Prestige Radium Hot Springs Resort in Radium Hot Springs, British Columbia.
Source: New feed
Six Senses Crans-Montana marks the first resort and residential project in Switzerland for Six Senses Hotels Resorts Spas, in the Alpine destination of Crans-Montana. Slated to open in 2021, the resort and residences will both be managed by the Six Senses hotel group.
Source: New feed
On January 1, 2019, Scandic will take over the operations of Hotel Alexandra in central Molde, Norway. The property is currently owned by Pandox and the hotel will be Scandic’s second hotel in the city.
Source: New feed
Scandic has signed an agreement to establish a new hotel in Kiruna’s new city center. The hotel property will be owned by Swedish mining company LKAB and built by Skanska. The new hotel will be Kiruna’s largest, with 230 rooms, a restaurant and Kiruna’s first sky bar. The project is expected to be finished at the end of 2021.
Source: New feed
The Company plans the development of a 110-125 room hotel with a full service restaurant and bar, as well as meeting space. This new hotel will be located adjacent to the airport which is located within St. Joe’s 110,500 acres known as the Bay-Walton Sector Plan.
Source: New feed