Sands Sell Las Vegas Properties for $6.25 Billion

Las Vegas Sands Corp. (NYSE: LVS) today announced that it has entered into definitive agreements to sell its Las Vegas real property and operations, including The Venetian Resort Las Vegas and the Sands Expo and Convention Center for an aggregate purchase price of approximately $6.25 billion.
Source: New feed

Tremont House Hotel in Galveston Sold

Hospitality Asset Funding Group acquired The Tremont House Hotel in Galveston and made major equity investments in the Hyatt Place Cedar Park and Courtyard by Marriott Austin Pflugerville.
Source: New feed

Westin Porto De Galinhas Resort to Open September 2021 in Brazil

Marriott International, Inc. today announced it has signed an agreement with PGA Hotel Management Group to introduce the first Westin all-inclusive resort to South America. Expected to welcome its first guests in September 2021, the Westin Porto de Galinhas will serve as the first Westin Hotels & Resorts-branded property in Brazil after undergoing an extensive renovation.
Source: New feed

Fairmont Ambassador Seoul Hotel Opens

Accor strengthened its presence in South Korea with the opening of Fairmont Ambassador Seoul and the signing of four new hotels.
Source: New feed