DoubleTree by Hilton Toyama to Open in 2022

Hilton (NYSE: HLT) today announced that the company entered into a management agreement with Ikeda Hotel Management Co., Ltd. to open DoubleTree by Hilton Toyama in 2022. This is the first property for Hilton in the Hokuriku region, located in northwest Japan.
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The Clan Hotel Singapore to Open Q2 2020

Far East Hospitality today held a press conference at ITB Asia 2019, where Mr Arthur Kiong, Chief Executive Officer, Far East Hospitality, introduced upcoming modern luxury hotel – The Clan Hotel Singapore.
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Marriott International Purchases W New York – Union Square for $206 Million

Marriott International, Inc. (NASDAQ: MAR) today announced that it has purchased the 270-room W New York – Union Square in the heart of Manhattan’s dynamic Union Square neighborhood. The company paid $206 million for W New York – Union Square, with plans for a significant renovation.
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MGM Resorts International Sells Circus Circus Las Vegas For $825 Million

MGM Resorts International (NYSE:MGM) today announced that it has entered into a definitive agreement to sell Circus Circus Las Vegas for $825 million to an affiliate of Treasure Island owner Phil Ruffin. For the 12 months ending June 30, 2019, the property reported Adjusted Property EBITDA of $62 million.
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Bellagio Sold to Blackstone for $4.25 Billion

MGM Resorts International (NYSE: MGM) announced that it has entered into a definitive agreement to form a joint venture with Blackstone Real Estate Income Trust that values the real estate of Bellagio at $4.25 billion, which represents a purchase price multiple of 17.3x rent.
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Hyatt Place Aruba Airport Celebrates Official Opening

CHICAGO (October 16, 2019) – Hyatt Hotels Corporation (NYSE: H) announced today that Hyatt Place Aruba Airport is officially open, marking the second Hyatt-branded hotel in Aruba and fourth…

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