Investors are homing in on luxury hotels as resurgent international travel boosts the hospitality sector
Source: New feed
Month: October 2021
Hotel Las Arenas in Benalmádena Joins Affiliated by Meliá Collection
The Hotel Las Arenas is located in one of the most popular destinations on the Costa del Sol and will be added for the 2022 summer season and will further increase the Meliá hotel portfolio on the Malaga coast.
Source: New feed
Bad Ass Coffee of Hawaii Signs Biggest Franchise Development Agreement in Brand History
18 New Franchise Stores to be Developed in Prime Tennessee Locations
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AC Hotel by Marriott Boston Downtown Sold for $89.0 Million
RLJ Lodging Trust (NYSE: RLJ) today announced that it has acquired the fee simple interest in the recently constructed 205-room AC Hotel by Marriott Boston Downtown for a purchase price of $89.0 million, or approximately $434,000 per key
Source: New feed
Hyatt Centric Downtown Denver Brings New Lifestyle Hotel to Denver
CHICAGO – October 26, 2021 – Hyatt Hotels Corporation (NYSE: H) announced today the debut of Hyatt Centric Downtown Denver, the latest property from the modern lifestyle hotel brand, Hyatt…
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Jack in the Box Signs Seven Development Agreements in Q4 of Fiscal Year 2021 to Open 47 Stores
Jack in the Box Inc. (NASDAQ: JACK) announced today it has awarded seven development agreements in Q4 of fiscal year 2021 to open 47 new restaurants. In total, Jack in the Box has awarded 23 development agreements in fiscal year 2021 to build 111 stores over the course of the next several years.
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Former Crowne Plaza Grand Rapids Airport & Conference Center Converts to Sheraton Hotel Brand
Marshall Hotels & Resorts today announced the $14 million conversion of the 259-room Sheraton Hotel Airport and Conference Center Grand Rapids. The former Crowne Plaza Grand Rapids Airport & Conference Center will begin undergoing a complete transformation beginning December 2021.
Source: New feed
West Expansion of the Multi-Phased Greater Fort Lauderdale/Broward County Convention Center Project Completed
Construction for the East Expansion and Omni Hotel is scheduled to start in late 2021.
Source: New feed
Pebblebrook Hotel Trust Acquires Avalon Bed & Breakfast and Duval Gardens in Key West, FL for $20.0 Million
The two properties will be consolidated and operated as part of the Company’s Southernmost Beach Resort and managed by Highgate, which currently manages the Company’s two Key West resorts, Southernmost and The Marker Key West Harbor Resort.
Source: New feed
Ian Schrager's The Reykjavik EDITION Hotel to Open in November
The hotel will be open in Preview from November 9th, 2021. An exclusive Preview Rate is available for 25% off Flexible Rates, available for a limited time only. Room rates start from 53,438 ISK per room, per night.
Source: New feed