Reaches Key Construction Milestone in Advance of Spring 2020 Opening
Source: New feed

IHG enters New Caledonia with the signing of three hotels that will open between 2021 and 2024.
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Blackstone Real Estate Income Trust and MGM Resorts International (NYSE:MGM) yesterday announced the closing of the previously announced 95%/5% BREIT-led joint venture with MGM Resorts to acquire the real estate assets of the Bellagio for $4.25 billion in a sale-leaseback transaction.
Source: New feed

The Red Lion Airport Hotel Atlanta was held in a joint venture. RLH Corporation will receive $4.8 million in net proceeds after closing costs and the repayment of property level mortgage.
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Fairmont Hotels & Resorts announce its entry into the Czech Republic with the Golden Prague Hotel. Partnering with Fairmont on this project is R2G Heritage, owner of the property.
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Plan would bring more than 1,500 rooms and debut three brands across Phuket and Pattaya by 2024
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Captain D' announced that it has signed a new franchise development agreement with MH & Sons Enterprises, led by Maqsood Merchant, a seasoned multi-unit operator with more than 15 years of industry experience.
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Radisson Hotel Group announced the signing of the Radisson Hotel Bahir Dar, located in the North East of Addis Ababa. It will be the first Radisson branded hotel and the Group's fourth hotel in the country.
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ROR Capital Investments LLC has announced the development of the Bubbling Wells Desert Oasis, a luxury wellness resort and spa in Desert Hot Springs, California, located ten minutes from the Palm Springs International Airport and a two-hour drive from Los Angeles and San Diego.
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The new co-living residential and hotel development, which will consist of two 10-story buildings and one 4-6 story building, will include 400-bedroom units, comprised of 2-bedroom units, co-living studios, 3-bedroom units and hotel rooms
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