A summary of European hotel transactions provided by HVS
Source: New feed
Month: September 2021
Six Senses Belize Resort Announced for 2025
The 18-acre resort has over 700 feet of private beachfront and is just up the coast from San Pedro on Ambergris Caye.
Source: New feed
Aloft Portland Hotel in Maine Sold for $51.2 Million
Apple Hospitality REIT, Inc. (NYSE: APLE) yesterday announced the acquisition of the 157-room Aloft Hotel on the waterfront in downtown Portland, Maine, for a total purchase price of $51.2 million, or approximately $326,000 per key.
Source: New feed
Microtel by Wyndham to Open 20 New Hotels in Greater China by the End of 2022
New properties in Tianjin and Kunming contribute to the nationwide expansion of Microtel, as Wyndham makes 14th brand available for development in China
Source: New feed
Mandarin Oriental Residences, Beverly Hills, at 9200 Wilshire Boulevard to Open in 2022
Mandarin Oriental Hotel Group has announced an agreement to brand and manage 54 luxurious residences located on Wilshire Boulevard, Beverly Hills that are scheduled to open in 2022.
Source: New feed
New 230 Room Park Hyatt Hotel to Open 2023 in Changsha, China
Hyatt and The Wharf (Holdings) Limited today announced plans for a new Park Hyatt hotel in Changsha, the capital of Hunan province, marking the luxury Park Hyatt brand’s entry into Central China.
Source: New feed
Hyatt and The Wharf Announce Plans for a New Park Hyatt Hotel in Changsha
SHANGHAI / HONG KONG (September 13, 2021) – Hyatt and The Wharf (Holdings) Limited today announced plans for a new Park Hyatt hotel in Changsha, the capital of Hunan province, marking the luxury…
Source: New feed
Crystal Investment Property Announces Sale of Ranch Motel
Representing the Seller of this Retro Mid-Century Modern A-Frame Motel
Source: New feed
Home2 Suites by Hilton Reaches Milestone 500 Open Hotels
Home2 Suites by Hilton has achieved its 500th hotel opening in just 10 years, becoming one of the fastest hotel brands in industry history to reach that milestone.
Source: New feed
189 Room Villa Florence San Francisco on Union Square in San Francisco, CA Sold for $87.5 Million
Based on the hotel’s operating performance for 2019, the $87.5 million reflects a 12.4x EBITDA multiple and a 7.2% net operating income capitalization rate (after an assumed annual capital reserve of 4.0% of total hotel revenues).
Source: New feed