Newbond and the Apollo Funds acquired the 309-key trophy hotel asset, located in Downtown Tampa, through a long-term direct relationship with the seller.
Source: New feed
Month: September 2021
Leisure Demand Continues to Drive Hyatt's Brand Growth in Europe
CHICAGO (September 7, 2021) – Hyatt Hotels Corporation (NYSE: H) today announced that a Hyatt affiliate has entered into six new management and franchise agreements for hotels in Europe across…
Source: New feed
Hilton Reports Net Unit Growth of Seven Percent in the Second Quarter
The second quarter saw the milestone opening of the 200th Tru by Hilton, only five years since launch, followed by the July opening of the 500th Home2 Suites by Hilton, which currently has the largest pipeline in North America industry-wide.
Source: New feed
Conrad Los Angeles at The Grand LA Hotel Announced for 2022
Conrad Hotels & Resorts, one of Hilton’s (NYSE: HLT) luxury hotel brands, yesterday announced its debut in California with the signing of Conrad Los Angeles. The hotel is part of Related Companies’ mixed-use development, The Grand LA, designed by Frank Gehry, located in downtown Los Angeles.
Source: New feed
FCPT Announces Acquisition of Six Chilis Properties for $20.6 Million
The properties are corporate-operated and located in highly trafficked corridors in Maryland and Virginia.
Source: New feed
Hyatt Place Greenville Downtown, South Carolina Sold for $30 Million
Apple Hospitality REIT, Inc. (NYSE: APLE) announced yesterday the acquisition of the 130-room Hyatt Place in downtown Greenville, South Carolina, for a total purchase price of approximately $30 million, or approximately $231,000 per key.
Source: New feed
New Hyatt Regency Hotel and Convention Center Project Announced for Conroe, TX
The City of Conroe announced the planned early September groundbreaking of Hyatt Regency Conroe and Convention Center. Working with development manager Garfield Public/Private, the City announced Grand Central Park master-planned community will be home to the 250-room Hyatt Regency hotel and convention center.
Source: New feed
Holiday Inn Brand Grows at Airport Locations Across Europe
IHG Hotels & Resorts announced the growth of two of its brands – Holiday Inn Hotels & Resorts and Holiday Inn Express – following a number of signings and openings at airport locations across Europe.
Source: New feed
Former Popeyes Executives Sign Agreement to Acquire Seven Existing Bojangles Restaurants
Bojangles announced today the signing of a franchisee agreement with newly formed franchise group Cedartown Chicken, LLC, led by restaurant development industry veteran Greg Vojnovic and a team of former Popeye’s executives.
Source: New feed
Radisson Hotel Group Presents Business Update and Growth Plan at IHIF 2021
At this year's International Hospitality Investment Forum (IHIF), Radisson Hotel Group's CEO, Federico J. González presented a comprehensive update on the Group's strong growth plan based on the continued investment of €250 million in assets, brands, and systems, and its ambitious development plan in EMEA, APAC and China.
Source: New feed