Portuguese Hotel Group to Open its First New York City Location
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PM Hotel Group announced they are expanding their relationship with Hyatt Hotels Corporation and assuming management of the 316-room Hyatt Regency Fairfax.
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The contracted sale price reflects a 19.5x EBITDA multiple and a 4.4% net operating income capitalization rate based on the hotel’s operating performance for 2018.
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New Franchise Partner Set to Bring First MOD location to Vancouver Island
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Capital Recycling Continues with Pending Sale of Two Hotels for $21.8 Million
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CHICAGO (October 8, 2019) – Hyatt Hotels Corporation (NYSE: H) announced today that Hyatt Place Wilmington Riverfront, the first Hyatt-branded hotel in Wilmington, Del., is officially open. The…

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CHICAGO (October 7, 2019) – Hyatt Hotels Corporation (NYSE: H) and San Francisco International Airport (SFO) today announced the opening of Grand Hyatt at SFO, which is now accepting guests. As…

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Brand Unveils Redesign in Home Market of Jackson, Miss.
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Woodmont Lodging and Milestone Companies today jointly announced the completed acquisition of the 98-room Fairfield Inn & Suites Pittsburgh Downtown. Woodmont Lodging will provide asset management services, and Milestone Hospitality will deliver property management services to the newly constructed hotel.
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Plans to Open Fifteen Microbreweries in the Next 5 Years with First Microbrewery to Open at Taj MG Road, Bengaluru
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